"If you're going to panic, do it fast and beat the crowd." ~ Jesse Livermore

Friday, March 2, 2012

Unemployment and Inflation Rise in Euro Zone

Unemployment and Inflation Rise in Euro Zone
New York Times
PARIS — Unemployment in the euro zone has risen to its highest level since the introduction of the common currency even as inflation climbed, economic reports showed Thursday, underscoring the challenge facing European finance officials as they met in ...

New York Times 

Eurozone unemployment rate at 10.7%
CNN
By Hibah Yousuf @CNNMoneyMarkets March 1, 2012: 2:07 PM ET Widespread joblessness in Greece and Spain pushed the unemployment rate in the 17-country eurozone to 10.7%, the highest level since the currency was introduced in 1999.

Eurozone crisis: live blog
Financial Times (blog)
Welcome back to our live coverage of the eurozone crisis. By Tom Burgis and Esther Bintliff on the news desk in London with contributions from our correspondents around the world. All times GMT. 18.58 That's about it for the live blog today.

Eurozone unemployment hits record high
Financial Times
By Joshua Chaffin in Brussels Unemployment in the 17-member eurozone jumped to an all-time high of 10.7 per cent in January, underlining the challenges facing European leaders as they gather in Brussels for a summit dedicated to finding ways to restart ...

Euro-Zone Data Disappoints
Wall Street Journal
To order presentation-ready copies for distribution to your colleagues, clients or customers, use the Order Reprints tool at the bottom of any article or visitwww.djreprints.com BY BRIAN BLACKSTONE FRANKFURT—Unemployment in theeuro zone jumped to a ...

Wall Street Journal

Eurozone Unemployment Hits Record High As Inflation Rises Unexpectedly
Huffington Post
By PAN PYLAS 03/ 1/12 08:59 AM ET LONDON — Mass unemployment in Greece and Spain, where nearly half of those under 25 are out of work, sent the jobless rate across the 17-nationeurozone on Thursday to its highest level since the euro was established ...

Eurozone unemployment hits record high of 10.7pc
Telegraph.co.uk
The eurozone's unemployment rate rose to a record high of 10.7pc in January, reaching levels of extreme social distress across large parts of Southern Europe. Spain's jobless rate for people ages 16 to 24 is approaching 50pc, Greece's is 48pc, ...

Telegraph.co.uk

Oil pushes up euro zone prices, unemployment rises
Reuters
By Robin Emmott | BRUSSELS (Reuters) - Unemployment in the euro zone in January hit its highest since the launch of the currency area but a rise in inflation underlined concerns over oil prices that is likely to prevent swift further moves by the ...

Euro zone inflation steady, joblessness hits new high
Reuters
Unemployment rate rises to 10.7 pct in January * Consumer inflation at 2.7 pct in February BRUSSELS, March 1 (Reuters) - Euro zone joblessness rose to a new euro-era high while inflation was largely steady at the start of 2012, data showed on Thursday, ...

Euro zone puts Greece's efforts under microscope
Reuters
Euro zone to go over figures in 2nd Greek aid package * Greece must have completed 38 "prior actions" to get aid * No sign off on 130 bln euro programme until later in March By Luke Baker and Jan Strupczewski BRUSSELS, March 1 (Reuters) - Euro zone ...

Highlights: Euro zone finance ministers meet in Brussels
Reuters
BRUSSELS (Reuters) - Euro zone finance ministers and officials were meeting in Brussels on Thursday to discuss Greece's private sector bond exchange and implementation of the Greek authorities' commitments to economic and structural reforms.

Eurozone delays Athens rescue funds
Financial Times
Eurozone members have delayed approval of more than half of the €130bn bail-out for Greece after deeming that Athens has yet to meet all the terms set as the price of a second rescue. However, finance ministers from the 17-country currency bloc meeting ...

Eurozone agrees in principle on Greek payment
Kansas City Star
The cuts - together with the economic uncertainty brought on by a two-year-long debt crisis - have driven unemployment in the 17-country eurozone to its highest level since the shared currency was established in 1999. In crisis hotspots like Greece and ...

Kansas City Star

Eurozone Jobless Rate Hits Euro-Era High
Fox Business
Eurozone joblessness rose to a new euro-era high while inflation was largely steady at the start of 2012, data showed on Thursday, leaving the European Central Bank to juggle the demands of a slowing economy and only mild pressure on prices.

Eurozone delays half of Greece's funds
Financial Times
By in effect splitting the bail-out into two parts, the eurozone has allowed hardliners in northern Europe to delay bail-out funds even longer. Once the bond swap is completed, the risk of a Greek default on a €14.5bn bond due on March 20 would ...

Euro zone factory activity falls, periphery pain intense
Reuters
LONDON (Reuters) - The euro zone's manufacturing sector contracted for the seventh straight month in February, with factories in the bloc's struggling indebted states facing some of the toughest conditions on record, a business survey showed on ...

Eurozone agrees in principle on Greek payment
STLtoday.com
AP | Posted: Thursday, March 1, 2012 11:00 am | Loading… European Council President Herman Van Rompuy speaks during a media conference at an EU summit in Brussels on Thursday, March 1, 2012. European leaders meet for a two-day summit aimed at tackling ...

Eurozone Jobless Rate Hits New High
Voice of America (blog)
The European Union said Thursday that the eurozone's unemployment rate hit 10.7 percent in January, the worst figure since the euro was first used 13 years ago. Once again, the highest jobless figures were recorded in the eurozone's southern periphery, ...

Euro unemployment hits 10.7 percent in January, new high since euro ...
Washington Post
LONDON — Mass unemployment in Greece and Spain, where nearly half of those under 25 are out of work, sent the jobless rate across the 17-nation eurozone on Thursday to its highest level since the euro was established in 1999. Eurozone unemployment ...

Eurozone Inflation Rises, Unemployment At Record High
NASDAQ
(RTTNews.com) - Eurozone inflation increased in February on rising oil prices, adding to the woes of the currency-bloc that is undergoing tough economic times. The weak economic activity also forced companies to reduce staff, pushing the jobless rate ...

Eurozone jobless rate hits new high ahead of EU talks
FRANCE 24
Unemployment across the eurozone rose to 10.7% in January, its highest level since the euro was introduced in 1999, official Eurostat figures showed Thursday, as EU officials met in Brussels to tackle the region's crippling debt crisis.

FRANCE 24

Twin Blow For Euro-Zone Economy
NASDAQ
LONDON -- The euro zone's unemployment rate rose to a near 15-year high in January, while the annual rate of inflation in the currency area also picked up. That twin blow for the euro-zoneeconomy underlines the difficulties policy makers face in ...

Record unemployment in euro zone
TVNZ
The unemployment rate in the 17-nation euro zone has reached a new record high, meaning almost 17 million people are now out of work in the region. The jobless rate across the bloc that uses the common euro currency rose to 10.7% in January and at the ...

Italy's Monti Signals Euro Crisis Abating as Yields Drop
Bloomberg
That would have led to “contagion effects flowing to Spain, Italy, in spite of the good progress being made by these countries.” Europe's debt woes have eased this week after 1 trillion euros of emergency cash from the European Central Bank helped push ...

Bloomberg

Eurozone inflation rose in February to 2.7%; Eurozone unemployment climbed to ...
FinFacts Ireland
By Finfacts Team Eurozone annual inflation is expected to be 2.7% in February 2012 according to a flash estimate today issued by Eurostat, the statistics office of the European Union. It was 2.6% in January 2012. Eurozone (EA17) seasonally-adjusted...

FinFacts Ireland

Euro zone unemployment hits new high
GlobalPost
(Ralph Orlowski/Getty Images) Unemployment in the euro zone continued to rise in January, jumping to an all-time high of 10.7 percent after the number of people without a job rose by 1.4 million compared with January 2011. They are now 16.9 million ...

Eurozone Finance Ministers Clear First Bailout Payment To Greece
RTT News
(RTTNews) - Eurozone finance ministers on Thursday authorized the first payments to Greece under its second, EUR130 billion bailout package in recognition of required economic reform and austerity measures taken by Athens.

Eurozone unemployment hits record 10.7% in January
AFP
BRUSSELS — The eurozone unemployment rate hit an all-time record of 10.7 percent in January, official figures showed Thursday. The Eurostat data agency estimated that more than 16.9 million men and women were out of work in the 17-nation euro area in...

AFP

CEE: dodging the eurozone crisis? | beyondbrics | News and views ...
By Jan Cienski
beyondbrics, from the Financial Times, brings news and comment from more than 40 emerging economies, headed by China, India, Brazil, Russia, Mexico, Indonesia and South Africa. We cover politics and economics, finance and business ...
beyondbrics

ekathimerini.com | Eurozone factory activity falls, periphery pain ...
The eurozone's manufacturing sector contracted for the seventh straight month in February, with factories in the bloc's struggling indebted states facing some of the toughest conditions on record, a business survey showed on Thursday.
Latest News

Euro zone flash CPI rises unexpectedly in February By Forexpros
By Forexpros
Forexpros - Consumer price inflation in the euro zone rose unexpectedly in February, preliminary data showed on Thursday. In a report, Eurostat said consumer price inflation rose by a seasonally adjusted 2.7% in February, accelerating from ...
Forex Pros RSS News Feed | Forex News

Eurozone Manufacturing PMI Hits A 6-Month High
By Sam Ro
According to Markit Economics, the eurozone purchasing manager's index climbed to 49.0 in February from 48.8 in January. This was right in line with economists' estimates. The figure is at a 6-month high. However, any reading below 50 ...
Money Game

Euro zone January unemployment 10.7% | ForexLive
By Gerry Davies
Up from revised 10.6 in December (prev 10.4%). Demonstrably worse than Reuter's median forecast of 10.4%. Doesn't appear to have hurt single currency any,
ForexLive

Fuel Fix » Stocks firm as eurozone tensions ease
By FT.com - Energy
Posted on March 1, 2012 at 10:08 am by FT.com - Energy in. Risk assets are firmer as well-received US data counteract a tempering of expectations for further easing by the US Federal Reserve. Read more from Financial Times · « Previous ...
Fuel Fix

EUROZONE FIREWALL: US, GERMAN SOURCES EXPLAIN ...
By John Ward
One thing still puzzling a lot of spectators and players across the world is what the logic and/or ploy might be behind Wolfgang Schauble's odd insistence that he probably will bend on the eurozonefirewall issue, just not yet. There's an air of ...
The Slog

Are Euro Zone Manufacturing Woes Signaling a Recession? | Wall ...
By Gina Smith
February marks the seventh straight month in which euro-zone manufacturing has shrunk as new orders continue to decline and backlogs of work evaporate.
Wall St. Cheat Sheet » The Scoop

Euro zone inflation steady, joblessness hits new high | Stock Market ...
By Editor - Business News
BRUSSELS | Thu Mar 1, 2012 5:01am EST BRUSSELS (Reuters) - Euro zone joblessness rose to a new euro-era high while.
Rocket News

Green Party Trade Union Group: Crisi in the Eurozone: Coalition of ...
By DON'T dis US
The next GPTU meeting will be the AGM at Conference 24th-27th February, Adelphi Hotel, Liverpool, On Sunday 26th February 1700 hrs. . Nominations are invited for committee posts, email nominations can be accepted if sent to the ...
Green Party Trade Union Group

Forex Trading: Eurozone Final Mfg. PMI As Expected 49.0
By Greg Michalowski
Home · Credit Cards · Insurance · CD Rates · Credit Score · Stocks · Forex · Subscribe By RSS · Advertise · About · DailyMarkets.com » Forex » Forex Trading: Eurozone Final Mfg. PMI As Expected 49.0. Greg Michalowski ...
DailyMarkets.com

The risks of the current approach to Greece and the Euro-crisis ...
By Hubertus Juergenliemk
The risks of the current approach to Greece and the Euro-crisis. Posted on March 1, 2012 by Hubertus Juergenliemk. Last week, I debated how much more the Greek nation can take given the enormous internal and external pressures on ...
Politics in Spires

A look at the unemployment rates in the eurozone - World Wire ...
By The Associated Press
Eurostat, the EU's statistics office, estimates that unemployment across the 17-nation eurozonerose to 10.7 percent in January, a new record since the euro launched in 1999.
Homepage

Irish vote, German court add euro zone uncertainty | Reuters
DUBLIN/KARLSRUHE, Germany (Reuters) - A planned referendum in Ireland and a German court ruling cast new uncertainty on Tuesday over efforts to ...
www.reuters.com/.../us-eurozone-idUSTRE81R0PI20120229

Eurozone crisis live: Finland approves Greek package as ECB lends ...
European Central Bank floods the financial sector with more than half a trillion of cheap euro loans, as Finland and the Netherlands vote on Greece's rescue ...
www.guardian.co.uk/.../eurozone-debt-crisis-ecb-loans-ltro

Euro Crisis - Businessweek
Euro Crisis. Recent. Read. Shared. Discussed. Last Update 04:32 am Most Popular. Read; Shared; Discussed. Stockton Mayor Says City Aims to Avoid ...
www.businessweek.com/global-economics/euro-crisis

Euro-zone jobless rate rises to 10.7% in January - MarketWatch
FRANKFURT (MarketWatch) -- The unemployment rate in the 17-nation euro zone rose to 10.7% in January from an upwardly revised 10.6% in December, the ...
www.marketwatch.com/.../euro-zone-jobless-rate-rises-to-107-...

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