Eurozone Unemployment At Record High

On the same day that Italy’s prime minister proclaimed he could see a “light at the end of the tunnel” for the Eurozone debt crisis reports surfaced that the unemployment rate is at a record high.

Italian Prime Minister Mario Monti met with French President Francois Hollande in Paris for discussions on the euro. Hollande agreed their had been “significant progress” in recent weeks and that the euro should be “defended, preserved and consolidated.” Continue reading