Eurozone: Markets fall on crisis fears
European markets have fallen sharply as investors look to offload riskier assets amid fears that the eurozone debt crisis is spreading. Britain's FTSE-100 dropped 1.5 per cent while Germany's DAX-30 and Paris CAC-40 were both down more than two percent in mid-session trading on Tuesday. The euro also fell to…
Eurozone unemployment reaches new high
The unemployment rate across the eurozone hit a new all-time high of 11.8% in November, official figures have shown. This is a slight rise on 11.7% for the 17-nation region in October. The rate for the European Union as a whole in November was unchanged at 10.7%. Spain, which is…
Eurozone unemployment reaches near 15-year high
Unemployment in the eurozone reached its highest level in almost 15 years in February, with more than 17 million people out of work, and economists saying they expected job office queues to grow even longer later this year. Joblessness in the 17-nation currency zone rose to 10.8% - in line…
Eurozone unemployment hits record high
Unemployment in the eurozone hit a record high in October, with more than 170,000 extra jobs lost and youth joblessness at almost 24 per cent, as the economy slumped into recession. Overall, the eurozone had a jobless rate of 11.7 per cent in October, up from 11.6 per cent in…
