Spanish bank predicts 26-pct unemployment for country in 2013

 MADRID, Aug. 9 (Xinhua) -- The unemployment rate would reach 26 percent in Spain according to a report released on Thursday by the Spanish bank BBVA.

The rate is above of the current figure of 24.63, the Spanish media reported. Job losses would be 0.7 percent in 2012 and 0.2 percent in 2013, the report states.

The report says that the Spanish economy will contract 1.4 percent in 2012, slightly higher than the 1.3 percent in its earlier predictions.

The report also predicts that GDP will contract 0.4 percent in the last quarter of 2012 which would imply that the Spanish economy accumulates four consecutive¹ quarters of declines.

Regarding Europe, the report says that the euro zone economy will grow 0.3 percent in 2013, which is below the previous 0.9 percent forecast by the entity².

The report states that the euro zone economic problems will start to disappear if the measures agreed at the European Union summit in June along with the sovereign debt purchase measures announced by the European Central Bank are implemented³.

1 consecutive   

adj.连续的，联贯的，始终一贯的

参考例句：

• It has rained for four consecutive days.已连续下了四天雨。
• The policy of our Party is consecutive.我党的政策始终如一。

2 entity   

n.实体，独立存在体，实际存在物

参考例句：

• The country is no longer one political entity.这个国家不再是一个统一的政治实体了。
• As a separate legal entity,the corporation must pay taxes.作为一个独立的法律实体，公司必须纳税。

3 implemented   

v.实现( implement的过去式和过去分词 )；执行；贯彻；使生效

参考例句：

• This agreement, if not implemented, is a mere scrap of paper. 这个协定如不执行只不过是一纸空文。 来自《现代汉英综合大词典》
• The economy is in danger of collapse unless far-reaching reforms are implemented. 如果不实施影响深远的改革，经济就面临崩溃的危险。 来自辞典例句