European markets have fallen sharply as investors look to offload riskier assets amid fears that the eurozone debt crisis is spreading. Britain's FTSE-100 dropped 1.5 per cent while Germany's DAX-30 and Paris CAC-40 were both down more than two percent in mid-session trading on Tuesday. The euro also fell to…
The unemployment rate across the eurozone hit a new all-time high of 11.8% in November, official figures have shown. This is a slight rise on 11.7% for the 17-nation region in October. The rate for the European Union as a whole in November was unchanged at 10.7%. Spain, which is…
Unemployment in the eurozone reached its highest level in almost 15 years in February, with more than 17 million people out of work, and economists saying they expected job office queues to grow even longer later this year. Joblessness in the 17-nation currency zone rose to 10.8% - in line…
Unemployment in the eurozone hit a record high in October, with more than 170,000 extra jobs lost and youth joblessness at almost 24 per cent, as the economy slumped into recession. Overall, the eurozone had a jobless rate of 11.7 per cent in October, up from 11.6 per cent in…
Workers across the European Union have staged a series of protests and strike against rising unemployment and austerity measures. Organisers of the strike urged national leaders to abandon austerity and address growing social anxiety. Strikes were in Spain, Greece, Portugal and Italy, with other protests planned in Belgium, Germany, France…
The European commission estimates that 700,000 people die and millions of EU citizens suffer as a result of smoking related diseases every year. Tobacco consumption is by far the largest avoidable health risk and the biggest cause of premature death in the EU. Linda McAvan parliament’s rapporteur on the tobacco…