Agence France-PresseDecember 9, 2013 12:19
Prime Minister Mariano Rajoy said Monday that falling wages had allowed Spain, which is grappling with an unemployment rate of nearly 26 percent, save jobs.
Lower wages were "one of the keys" to overcome the economic crisis, he said in an interview with several European newspapers including Spain's left-leaning El Pais daily.
"In difficult situations, it is better to bet on earning a little bit less and maintain as many jobs as possible," Rajoy said.
"The latest jobless figures can't satisfy anyone, but they show us that there can be hope".