Spain's Battle against the Clock Madrid Is Saving to Save the Euro, But Will It Be Enough?

Spain's economy has hit bottom, with unemployment soaring past 20 percent, as speculators bet the country will require an EU bailout. Prime Minister José Luis Rodriguez Zapatero is undertaking mass austerity measures, and he has been praised for his action by German Chancellor Angela Merkel. The stakes are high: If Spain goes bust, the euro could collapse.