Photos

What the Recession Looks Like in Spain

Images tell the story of the country's struggle to get its economy back in order.

Spain is officially in recession again.

The country's economy shrunk for two consecutive quarters and now has 5,639,500 citizens without work and an unemployment rate of 24.4 percent - the highest in Europe. This comes at the heels of S&P lowering Spain's credit rating two notches. 

Protests, rallies, anti-commerce graffiti, incomplete developments, and lines for social services tell us a story of a nation struggling to get its economy back in order. Courtesy of Reuters, images below:

Protestors attend a May Day demonstration on Labor Day in central Madrid. Thousands of workers across southern Europe rallied against spending cuts on Tuesday. REUTERS/Susana Vera

Demonstrators fill up Madrid's Puerta del Sol on May 21, 2011. Dubbed "los indignados" (the indignant), tens of thousands of protesters filled the main squares of Spain's cities for seven days, in a wave of outrage over economic stagnation and government austerity marking a shift after years of patience. REUTERS/Sergio Perez

People wait in line to enter a government job centre in Malaga, southern Spain April 29, 2011. Spain's unemployment rate rose to 21.3 percent in the first quarter of 2011, its highest level in fourteen years. REUTERS/Jon Nazca 

A woman looks into a vacated furniture shop that went out of business, next to banners with phone numbers for purchase or rental inquiries, in Madrid April 30, 2012. REUTERS/Susana Vera

Shipyard workers hold up a piece of fence to protect themselves during a clash with the police in Andalucia's capital Seville September 27, 2011. The workers are protesting the lack of work at their factory. REUTERS/Marcelo del Pozo 

Luisa Pinales stands in her apartment in Madrid on March 5, 2012. Pinales, an immigrant from the Dominican Republic, says she could not make her mortgage payments after her contractor business closed in 2007. She was evicted from her apartment on April 27, 2012. The graffiti reads "Ibercaja thieves". REUTERS/Juan Medina 

Demonstrators sleep as people practice yoga at Madrid's Puerta del Sol, four days after Spanish regional and local elections May 26, 2011. REUTERS/Susana Vera 

A woman walks out from a branch of BBVA, Spain's second-largest bank, next to a graffiti-scrawled wall that reads "Thieves," in Madrid on April 30, 2012. REUTERS/Susana Vera 

A woman holds a door as she waits in line to enter a government job center in Marbella on September 2, 2011. REUTERS/Jon Nazca

A view of the City of Arts and Sciences, by architect Santiago Calatrava, is pictured in Valencia May 2, 2012. The complex's cost escalated from an initial 625 million euros up to 1280 million euros, according to local media. Once the beacon of Spain's new economic grandeur, the Mediterranean region of Valencia has become a symbol of all that is wrong with the country. Years of free spending, coupled with a hangover from a burst real estate bubble and the collapse of local banks, have put Valencia on the brink of being bailed out by the central government - which has huge budget problems of its own. The building sector's implosion has forced into the open allegations that corrupt Valencian politicians, developers and bankers were in cahoots during a decade of easy money at low interest rates after Spain joined the euro in 1999. REUTERS/Heino Kalis

A fence stretches around an unfinished construction area in the Madrid satellite town of Sesena. Banks are trying to offload billions of euros of property abandoned by bankrupt developers. They are selling new apartments at rock-bottom prices with bargain-basement mortgage deals. Santander, the euro zone's largest bank, offered two-bedroom apartments around a communal swimming pool for 65,000 euros ($86,100), with 100 percent mortgages over 40 years, costing as little as 242 euros a month to service, about a sixth of the average Spaniard's monthly income. REUTERS/Andrea Comas 

A demonstrator sleeps on a couch the day after other fellow demonstrators started to dismantle the encampment at Madrid's landmark Puerta del Sol June 13, 2011. REUTERS/Susana Vera

A picketer confronts a riot policeman at the entrance to the Corte Ingles department store during a nationwide general strike in Malaga, southern Spain, on September 29, 2010. REUTERS/Jon Nazca

Men read newspapers at a social center in Madrid January 13, 2011. Among austerity plans announced are a reform of the country's pension system which would raise the retirement age from 65 to 67. REUTERS/Andrea Comas

A woman points at a policeman as she takes part in a demonstration calling for a tax on financial speculation and the abolition of tax havens in front of the Madrid stock exchange on June 21, 2011. The sign reads, "This is a Robbery: The Bag... and the House." In Spanish, the word for bag is the same as stock exchange. REUTERS/Andrea Comas

Students scramble as police charge towards them to disperse their protest against spending cuts in public education in Barcelona on February 29, 2012. REUTERS/Albert Gea

A man holds a sign during a protest in front of the Madrid courthouse on January 18, 2012.The plight of more than a million Spaniards struggling under crippling mortgage debt is drawing increasing public support as an anti-eviction movement gathers pace and politicians are under pressure to act. The sign reads, "Stop eviction." REUTERS/Juan Medina

Police remove a rubbish bin from the road outside the parking of local buses during Spain's general strike in Burgos, March 29, 2012. REUTERS/Felix Ordonez 

A protester carrying a banner that reads "No home, no job, no pension, no fear" withdraws money from an ATM machine of a bank next to graffiti sprayed by other protesters during a demonstration in Madrid April 7, 2011. Youth groups gathered in downtown Madrid under the slogan "Youth with no future" to protest against Spain's high youth unemployment rate and government spending cuts. The graffiti reads "Responsible for the crisis". REUTERS/Susana Vera

Marta Uriarte wraps herself up in a sleeping bag at the beginning of her hunger strike in front of the BBK (Bilbao Bizkaia Kutxa) bank in central Bilbao in protest at her forthcoming eviction notice, after failing to pay the mortgage on her house March 5, 2012. Uriarte is facing losing her home after it was severely damaged by flooding and her husband lost his job, leaving the couple without an income and unable to find a buyer for the house. She complained that in Spain the banks can take your house without cancelling the debt owed, and said she planned to continue in front of the bank without food or drink, "For as long as I can manage". REUTERS/Vincent West

Members of public sector unions raise their fists as they sing "L'Internationale" during a march in central Bilbao on February 9, 2012. Teachers, nurses and public transport workers throughout the Spanish Basque region walked out over pensions, sick pay and wage cuts in confrontation with a deficit-cutting state and regional government. REUTERS/Vincent West

Various for sale and for rent signs are painted on a commercial property in an apartment block in the Madrid satellite town of Sesena on February 23, 2012. REUTERS/Andrea Comas 

A woman walks past a store advertising sales in central Madrid on December 14, 2011. Spanish retailers braced for a gloomy Christmas as spending was hit by high unemployment and uncertainty over further austerity measures. REUTERS/Susana Vera

A man confronts hooded protesters who were vandalising a bank facility during a protest against spending cuts in public education in Barcelona on February 29, 2012. REUTERS/Albert Gea 

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