MADRID (AP) — Spain's unemployment rate shot up to a record 26 percent in the fourth quarter of 2012, leaving almost six million people out of work, the National Statistics Institute said Thursday.
January 29, 2013
France’s Moscovici Says Strong Euro Creates ‘Some Problems’
French Finance Minister Pierre Moscovici said the strength of the euro is hampering recover in the 17-nation economy, while also reflecting confidence that the region’s debt crisis is fading.
January 28, 2013
Merkel Rebuffs Rajoy’s Call to Do More to Boost Euro Stimulus
German Chancellor Angela Merkel rebuffed calls by Spanish Prime Minister Mariano Rajoy that euro nations in better financial health should help the bloc out of its economic slump by spurring growth.
January 27, 2013
Davos 2013: G-10 ministers discuss progress on WTO negotiations
DAVOS: Ministers from G-10 countries, including the US, today held discussions on the progress made at WTO negotiations, especially issues related to the agriculture market.
January 26, 2013
Portuguese flee economic crisis
More than 2% of Portugal's population have emigrated in the past two years, since the country entered the worst recession in decades, officials say.
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