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Spain is facing an economic situation of extreme difficulty, I repeat, of extreme difficulty, and anyone who doesn't understand that is fooling themselves.

Mariano Rajoy
Spain, Economic, Difficulty
"Rajoy Says Spain in ‘Extreme Difficulty’ as Bond Demand Drops" by Emma Ross-Thomas, www.bloomberg.com. April 4, 2012.
Spain is facing an economic situation of extreme difficulty, I repeat, of extreme difficulty, and anyone who doesn't understand that is fooling themselves.