http://online.wsj.com/article/SB10001424052702303448404577409631660348316.html?mod=googlenews_wsj
This article talks about Spain's current financial downturn. The prime minister has cut government spending and increased taxes to put Spain's budget gap inline with the rest of europe. This is a result of Spain's GDP decreasing 0.4% annually. Many negative factors arose decreasing the GDP such as: the household consumption dropping 0.6% and government spending fell 13%. Exports did grow 2.2% and imports fell 7.2% which could correlate to a way to increase GDP.
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