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Mon Feb 4, 2013, 03:53 AM

 

Greece, Spain, both have over 26% unemployment, but inflation is down, ain't it great?

Greece has the highest unemployment rate in the eurozone, leapfrogging Spain. At the end of October, Greece's unemployment rate was 26.8 percent against Spain's 26.1 percent. Greece's statistics are compiled on a different timeframe.

Separately, Eurostat reported that inflation in the eurozone fell to 2 percent in the year to January, down from 2.2 percent the previous month. The decline was unexpected and comes ahead of next Thursday's European Central Bank rate-setting meeting.

http://www.foxnews.com/world/2013/02/01/greece-leapfrogs-spain-to-have-highest-unemployment-rate-in-eurozone/

UE in greece hit 10% in 2009 and has been rising steadily ever since. 60% of greek young people are unemployed.

More or less the same in spain.

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Reply Greece, Spain, both have over 26% unemployment, but inflation is down, ain't it great? (Original post)
HiPointDem Feb 2013 OP
Sherman A1 Feb 2013 #1
xchrom Feb 2013 #2

Response to HiPointDem (Original post)

Mon Feb 4, 2013, 05:23 AM

1. 60% Youth unemployment is a recipe

for trouble in my humble opinion.

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Response to HiPointDem (Original post)

Mon Feb 4, 2013, 05:28 AM

2. Du rec. Nt

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