Business English reading comprehension exercise 4

TOPIC: The struggling Spanish economy


STEP 1 - Read the following article: READING COMPREHENSION ARTICLE 4


STEP 2 - Answer these questions (choose the best answer):

1. How much higher was this past bond yield compared to the previous one?
  over 1.5% higher
  0.5 % higher
  It wasn't higher. It was lower.

2. What happened to Bankia shares on the market?
  They plunged.
  They rose by about 1.5%.
  They remained steady.

3. According to the article, how high can Spain's 10 year yields go?
  7%
  6%
  5%

4. Is the Spanish government unable to sell bonds?
  No, it's the high yields that are the problem.
  Yes, they can't even sell half of the bonds.
  No, the biggest problem is corruption.

5. According to the article, what's the biggest hurdle to Spain meeting its deficit goal this year?
  Debts in the regions and the welfare system
  The drop in value of Bankia shares
  The inability of the government to successfully sell bonds

Check answers

READING COMPREHENSION HOME

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