Spain's economic crisis dates to the bursting of its construction bubble in 2008.
"In Spain, just like in construction, everything is oversized," Cano said.
"As well as having lots of general newspapers, it is unusual in having three locals in every province. It is just not viable," he added. "A restructuring of the sector is clearly needed. This cannot go on."
The federation has called for rallies in 40 towns across Spain on Thursday to mark World Press Freedom Day, to "demand better conditions for journalists and raise awareness that weakening journalism also weakens democracy."
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