MADRID (AP) — Spain's financial crisis is a lot like peeling an onion: remove one troubled layer and you only expose another.

Repeated efforts since 2009 by successive governments to fix the country's problems have only managed to undermine confidence in the fourth-largest economy among the 17 nations that use the euro.

A recession is deepening in Spain and the growing number of its regional governments seeking financial lifelines is only adding to the problems of a government already struggling to prop up its shaky banking system.

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