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IMF praises Spain, Ireland reforms but warns of risks

MADRID/DUBLIN (Reuters) - Spain and Ireland have made strong progress in fixing their economies but recovery will hinge on their capacity to clean up ailing lenders, create jobs and maintain investor confidence, the IMF said on Wednesday.Full story

News Summary: IMF seeks urgent job steps in Spain

RAIN IN SPAIN: The International Monetary Fund is calling for "urgent action" to tackle Spain's stifling unemployment and the implored leaders there to get credit to businesses so that they can expand. Full story

Rajoy says to trim Spain's bureaucracy, but coy on jobs, savings

MADRID (Reuters) - Spain will cut red tape and shut down redundant institutions in an overhaul of state bureaucracy, Prime Minister Mariano Rajoy said on Wednesday, putting no figure on potential savings or job losses. Full story

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Santander says does not need to make new bad debt provisions

Spanish royal tax fraud case founders on mistaken identity

Lost account of Spanish war sees light after 70 years

Spain's obsession with high-speed trains runs into budget reality

Spain's Mango takes on retail fashion rivals Inditex, H&M

Bangladesh disaster crushes owner's ideal of clothes with a conscience

Spain's Rajoy calls on ECB to create bank lending scheme for smaller companies

Whole Foods revises employee language policy

Italy, Germany, France, Spain push job action at Rome meeting

Camp helps Spanish kids keep up their English in summer months

Video

  Senator delivers D.C. speech in Spanish

There’s a first time for everything. Virigina Sen.Tim Kaine surprised the Senate when he delivered a speech regarding immigration policy in Spanish, the first such occurrence on the Senate floor.

  Migrant tries daring attempt to sneak into Spain

Police in Spain detained a suspected illegal migrant precariously positioned over the propeller of a ferry arriving from Morocco. NBCNews.com's Dara Brown reports.

  Australia declared happiest place to live

The Organization for Economic Cooperation and Development recently released a list of the world’s happiest places to live, with Australia at number one and the U.S. at number six. The TODAY anchors chat about the other topics making headlines today.

  Study: Latino kids seeing more fast food ads

A new study shows that 84 percent of advertising on Spanish children's TV programming is for fast food. KVOA's Ryan Haarer reports.

  Violence in Spain as jobless rate rises

Riot police try to break up a crowd of protesters outside Spain's parliament angry about austerity cuts and rising unemployment. NBCNews.com's Dara Brown reports.

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Related Photos

A man takes a nap on a public bench in Madrid
A man takes a nap on a public bench in Madrid

A man takes a nap on a public bench in Madrid June 19, 2013. Spain has made strong progress in fixing its economy but needs to do more to put millions back to work and shield its fragile banks from recession, the International Monetary Fund said on Wednesday. REUTERS/Susana Vera (SPAIN - Tags: SOCIE

A woman walks past a "For Sale" sign outside an apartment building in Madrid
A woman walks past a "For Sale" sign outside an apartment building in Madrid

A woman walks past a "For Sale" sign outside an apartment building in Madrid June 19, 2013. Spain has made strong progress in fixing its economy but needs to do more to put millions back to work and shield its fragile banks from recession, the International Monetary Fund said on Wednesday. REUTERS/S

A Spanish flag flutters in the air in central Madrid
A Spanish flag flutters in the air in central Madrid

A Spanish flag flutters in the air in central Madrid June 19, 2013. REUTERS/Sergio Perez

Catholic nun waits for bus next to branch office of Spanish Popular Bank in Madrid
Catholic nun waits for bus next to branch office of Spanish Popular Bank in Madrid

A Catholic nun waits for a bus next to a branch office of Spanish Popular Bank in Madrid June 19, 2013. Spain has made strong progress in fixing its economy but needs to do more to put millions back to work and shield its fragile banks from recession, the International Monetary Fund said on Wednesd