Unsurprisingly, given that monetary policy within the Eurozone is being conducted by unelected and unaccountable anti inflation zealots from the ECB, unemployment levels within the Eurozone hit a record high of 12.1% in March.
The
highest increases were registered in
Greece
(2
1.5% to 27.2% between
January
2012
and
January
2013),
Cyprus
(10.7% to 14.
2
%),
Spain
(24.1% to 26.7%)
and
Portugal
(15.1% to 17.5%)
.
Eurostat estimates that there are over 19 million people unemployed within the Eurozone, 3.6 million of them being under 25.
This level of unemployment is not sustainable and is a threat to democracy.
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