For the curious, here's one BIG fact that all the press write about spain, but is totally false:
Reports state that Spain has 24%+ unemployment. FALSE! Unemployment figures in the US are pretty reliable (minus structural unemployment) - but in Spain the official figures are totally bogus. MANY PEOPLE work the system here - basically declaring themselves as unemployed (in order to collect the State's very generous unemployment insurance benefits), while continuing to work "illegally" - ie in the undeclared/un-oficial black labor market. Obviously, the government loses revenues in the form of unpaid social security payments, but 24% unemployment here is a total myth. I'm not sure why the press doesn't point that out.