Spain's economy causing unique problem

Spain's economy causing unique problem

POSTED: Monday, November 14, 2011 - 9:54am

UPDATED: Monday, November 14, 2011 - 9:55am

The global economic downturn has created a unique problem in Spain. There are more than 600 towns and villages abandoned and hundreds of others are reportedly struggling to stay alive.

One village in the east of Spain has only one resident, the rest of the community is completely abandoned. Officials say people are moving to more urban areas in hopes of finding a job. Spain has the Eurozone's highest unemployment rate sitting at more than 20 percent.


 

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