I suppose you have read this
recovery has been put on hold — again. Once more, the International Monetary Fund (IMF) has bad news for the Spanish economy, throwing cold water onto the official optimism that the government of Prime Minister Mariano Rajoy has been trying to convey over the last few weeks
http://elpais.com/elpais/2013/07/09/inenglish/1373382482_032153.html