Spain faces issue of hedge funds

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Hedge funds in Spain add to the financial crisis amid economic woes and the government’s tough austerity measures.

Grappling with a deep economic recession, Spain has adopted harsh austerity measures as part of attempts to deal with the dire situation.

Spain has been witnessing daily protests in recent years since the country’s economy collapsed into recession in the second half of 2008, taking millions of jobs with it.

Spaniards continue street protests in the capital Madrid against the government's tough austerity measures.

KG/HSN

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