Spain's Industrial Output Falls In April

from National Public Radio

Spanish factory and mine production had its worst month in more than two years — dropping by more than 8 percent. Spain is in its second recession since 2009, and eurozone nations are concerned its troubled banks might need a capital boost. This anxiety is causing headaches for banks in Germany. Six German banks had their credit ratings cut by Moody's Wednesday.

Broadcast Dates

• Morning Edition, June 6, 2012