Spain is falling deeper into recession as Madrid moves closer to seeking a European rescue package.<br /><br />Data released on Tuesday show the economy shrank 1.3 percent between April and June from the same period last year. <br /><br />The amount of money being withdrawn from Spanish banks soared in July, with private sector deposits falling almost five percent at end-July from one month earlier. <br /><br />...<br />http://www.euronews.net/
