Euro zone unemployment at record heights

Note: This section contains information in English only.
Source: Bloomberg
The Euro zone unemployment in March and April was in line with the forecasts and reached 11%. This is the highest level since 1995 when the time series started. In Spain, where government is struggling with banking crisis, unemployment increased by 0.2% since March and reached 24.3% - the highest level amongst all Euro zone countries. In France and Portugal unemployment increased by 0.1% and was 10.2% and 15.2%, respectively. 
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Fri, 01 Jun 2012 12:59:09 GMT

Eurozone manufacturing falls

Eurozone manufacturing activity fell further in May, indicating that the economy will continue experiencing difficulties as the debt crisis escalates. The data coming from France and Spain shows that the figures are at the lowest level for the past three years, as well as the reading of Germany was negative, meaning that the Euro bloc's biggest economy is influenced by the troubles of periphery countries. 

Fri, 01 Jun 2012 12:37:10 GMT

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