IMF urges Spain to raise VAT, cut spending and push labour reform
![IMF urges Spain to raise VAT, cut spending and push labour reform](http://www.thelocal.es/userdata/images/article/w468/1fd06d8f3b187a09cf9c6a77b406d2bb35a8780056fdac62899fbc88b6c5e964.jpg)
The International Monetary Fund (IMF) revised up its prediction for Spanish growth on Tuesday but warned "structural weaknesses persist," particularly in the form of sky-high unemployment.