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Danone issues profit warning over Spanish dairy consumption collapse
date:Jun 22, 2012
t an increase in unemployment and the introduction of new tax and austerity measures by governments to address problems in the Eurozone have created an increasinglycomplexregion.

Consumer confidence in Europe has indeed by affected by that,said Trisse.

This is the case in Europe as a whole, but even more so the case in Southern Europe, particularly in Spain, which as you know represents an important country for Danone.

According to the presentation, unemployment in Spain increased from 22.85%

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