French unemployment hits new record as economy struggles

PARIS: The number of jobseekers in France rose to a new record of 3.28 million in June, the labour ministry said Wednesday, as the country's economy struggles to gain a footing.

EU public debt rockets

The debt to GDP ratio in the eurozone has reached a new record of 92.2% as high unemployment, tumbling trade flows and a prolonged recession in the single currency bloc take their toll.

Unemployment set to rise further in euro zone's hardest hit: Polls

LONDON: The queues of jobless people across Spain, Portugal and Greece will lengthen further but an end to recession is within sight, according to the latest Reuters poll on some of the euro zone's most vulnerable economies.

Britain's economy better off inside EU: government study

(Reuters) - The economic benefits of Britain's European Union membership outweigh the loss of independence on policy, the government said on Monday in a review that will underpin Prime Minister David Cameron's plan to renegotiate EU ties and hold a referendum.

Rival accuses Germany's Merkel of deceit over euro zone bailouts

BERLIN (Reuters) - Germany's main opposition leader Peer Steinbrueck accused Chancellor Angela Merkel of covering up the likelihood that German taxpayers will have to fund further euro zone bailouts due to a looming election.