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What If No Quantitative Easing Comes From the European Central Bank?

If you have watched the stock market, bond market and the economy in general for the past five years or so, it will be no surprise that the world's economies ...
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Spain

Europe Unemployment 12%, Above 25% in Greece and Spain

The seasonally adjusted unemployment rate in the 17-nation eurozone was 12.0% in December, according to Eurostat, the statistical office of the European Union. The rate has been stable since October, ...
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Euro Area Unemployment Stays High at 12.1%

If unemployment is at the foundation of measurements of national economic health, then the euro area and European Union remain crippled with little hope in sight for a recovery. According ...
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Spain

Unemployment Above 25% in Spain and Greece

If the European economy has improved at all, it has not shown up in unemployment numbers among the region's weakest nations. According to Eurostat, within the region: Among the Member ...
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European Union Countries Fail to Maintain Industrial Growth

The European Union’s (EU) statistical agency, Eurostat, reported this morning that industrial production in May for the 17 countries of the eurozone fell by 0.3% month-over-month and by 1.3% year-over-year. ...
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Spain

European GDP Declines Slow in First Quarter

The recession in Europe got "less bad" in the first quarter of this year, if that is any comfort to the millions of people who are out of work and ...
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Lips

24/7 Business Journal: Solar Energy Battle, Europe Recession Data

Less Bad European GDP The recession in Europe got "less bad" in the first quarter of this year, if that is any comfort to the millions of people who are ...
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Europe Employment at 87.8% and a Road out of Eurozone Crisis

Almost all the analysis of the unemployment situation in the euro area focused on the record jobless rate of 12.2%. Nothing was said about the 87.8% employment rate. The very ...
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What Is Important in the Financial World (4/2/2013)

High European Unemployment Eurostat reported that unemployment in 17-nation euro area continues to hover at 12%. It is worth remembering that, at the depths of the recession, U.S. joblessness barely ...
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What’s Important in the Financial World (2/14/2013)

European Recession As if the news of economic contraction in Japan, Germany and France in the fourth quarter of last year was not bad enough, new data from Eurostat shows the ...
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What’s Important in the Financial World (11/15/2012)

Europe Returns to Recession Europe has dropped into recession or nearly so. Eurostat reported that third-quarter gross domestic product in the euro-area fell 0.1%, compared with the second quarter. Among ...
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Eurozone Factory Output and Inflation Inch Higher

Eurostat, the European Union's official statistics agency, said today that industrial production in the 17 eurozone countries was 0.6% higher in July than in June, but 2.3% lower than in ...
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Eurozone Q2 GDP and June Industrial Output Fall

Flash estimates published by Eurostat, the statistical office of the European Union, showed that gross domestic product in the eurozone fell by 0.2% during the second quarter of 2012, compared ...
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Eurozone May Industrial Production Surprises to the Upside

The European Union’s statistics office, Eurostat, reported this morning that industrial production among the 17 members of the Eurozone rose 0.6% month-over-month in May. Compared with May 2011, industrial production ...
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What’s Important in The Financial World (7/2/2012)

Inaccurate submissions of Libor interest rate data, which first cost Barclays (NYSE: BCS) $453 million in fines to U.S. and UK regulators, has cost the chairman of the bank, Marcus Agius. ...
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