News Summary: Unemployment risks new Europe divide
Associated Press
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Published 8:50 am, Tuesday, January 8, 2013
The EU warned that record unemployment and fraying social welfare systems in southern Europe risk creating a new divide in the continent, as data showed joblessness across the eurozone hit a new high. Unemployment is increasing mainly in southern Europe, where market concerns over excessive public debt have pushed governments to make the toughest savings, pushing the economies into recession. Reported by SeattlePI.com 2 days ago.
Associated Press
Copyright 2013 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Published 8:50 am, Tuesday, January 8, 2013
The EU warned that record unemployment and fraying social welfare systems in southern Europe risk creating a new divide in the continent, as data showed joblessness across the eurozone hit a new high. Unemployment is increasing mainly in southern Europe, where market concerns over excessive public debt have pushed governments to make the toughest savings, pushing the economies into recession. Reported by SeattlePI.com 2 days ago.