More than fifty per cent of Spaniards under 25 are now unemployed.
Spain's Prime Minister is calling for a radical change in the eurozone as new figures show just how dire the situation in his country really is.
As the government ponders a solution for the banks it continues to insist Spain is not on the verge of insolvency and does not need an international bailout.
Al Jazeera's Jonah Hull reports from Madrid.