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Euro-zone unemployment jumps to record 11.8pc
Posted Mar 02nd 2013, 02:06am by AFP
... from December” and meant that “an end to the labour market downturn is not yet in sight. “Even if the eurozone economy exits from recession in due course, the labour market is likely to remain ...
http://www.scmp.com/article/1167949/euro-zone-unemployment-hits-record-118pc -
Business - Economy
German cloud over euro-zone uptick
Posted Apr 24th 2013, 12:00am by Reuters
... bottomed out, pointing to a surprise decline in German companies that form the backbone of the euro-zone economy. "Previously, we've seen Germany expand while other countries have ...
http://www.scmp.com/business/economy/article/1221725/german-cloud-over-euro-zone-uptick -
Business - Economy - EURO ZONE ECONOMY
Euro zone recession to continue until year-end
Posted Feb 23rd 2013, 12:00am by AFP
... this year and next year, veering up to 3.7 per cent of output this year and 3.9 per cent next year. France, with the euro zone’s second-biggest economy, was due this year to get back within ...
http://www.scmp.com/business/economy/article/1156636/euro-zone-recession-continue-until-year-end -
Business - Economy
Likely new Dutch Eurogroup boss is austere and unknown
Posted Jan 18th 2013, 12:16pm by AFP
... and for years held planning roles within the Labour party. His focus was on education, healthcare, asylum policy and youth -- but not finance or the economy. “He doesn’t yet have much experience (in ...
http://www.scmp.com/business/economy/article/1130861/likely-new-dutch-eurogroup-boss-austere-and-unknown -
News - World
New Eurogroup boss an austere bridge-builder
Posted Jan 22nd 2013, 08:40am by AFP
... News World Eurogroup Euro Zone Crisis Agence France-Presse in The Hague. Dutch Finance Minister Jeroen Dijsselbloem’s reputation as an austere bridge-builder will serve him well as the new ...
http://www.scmp.com/news/world/article/1133628/new-eurogroup-boss-austere-bridge-builder -
Business - Economy
Euro zone jobless rate at new high as recession bites
Posted Nov 30th 2012, 07:10pm by Bloomberg
... years, separate data showed. The euro zone economy has shrunk for two successive quarters, forcing companies to cut costs to help weather the downturn, and economists foresee a further ...
http://www.scmp.com/business/economy/article/1094673/euro-zone-jobless-rate-new-high-recession-bites -
Business - Economy
Euro zone unemployment reaches record high
Posted Oct 31st 2012, 08:08pm by Associated Press in London
... the euro zone’s unemployment rate has been rising steadily for the past year as the economy struggled with a financial crisis and government spending cuts, the United States has seen its equivalent ...
http://www.scmp.com/business/economy/article/1074036/euro-zone-unemployment-reaches-record-high -
Business - Economy
‘Wartime’ debt threat to global economy: Lagarde
Posted Oct 12th 2012, 12:31pm by AFP
... economies, pretty much wartime levels,” Lagarde said. “And this leaves governments highly exposed to subtle shifts in confidence,” she said. “We have seen it. We are seeing it in the euro zone ...
http://www.scmp.com/business/economy/article/1059456/wartime-debt-threat-global-economy-lagarde -
Business - Economy
Crisis-hit Portuguese town holds ’solidarity bazaar’
Posted Dec 17th 2012, 03:47pm by AFP
... in the future. In return for a debt rescue in May 2011, Portugal has undertaken a tough programme of budget correction and structural reform of the economy, including steep austerity cuts coupled ...
http://www.scmp.com/business/economy/article/1107066/crisis-hit-portuguese-town-holds-solidarity-bazaar -
Business - Economy
Thousands in Spain protest to defend pensions
Posted Dec 18th 2012, 10:46am by AFP
... Business Economy Euro Zone Crisis Agence France-Presse in Madrid Whistles blowing and horns honking, thousands of people demonstrated in Madrid to defend their pensions from the austerity policies of the right-wing government of Mariano Rajoy. Spain’s government broke a key election commitment in November by saying it would fail to raise pensions in line with inflation in 2013, ...
http://www.scmp.com/business/economy/article/1107303/thousands-spain-protest-defend-pensions
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