Tuesday, April 30, 2013

As Europeans Push To Ease Austerity Amid Record Unemployment, The U.S. Digs In

As Europeans Push To Ease Austerity Amid Record Unemployment, The U.S. Digs In: Eurozone-area unemployment, still plagued by a continent-wide push for austerity, rose to yet another record high in March, and 12.1 percent of Europeans are now unemployed. Spain’s economy contracted for the seventh consecutive quarter in the first three months of 2013, and across the continent, growth is stagnant. Even Germany, home to Europe’s strongest economy [...]/p