Mar 16, 2018

RT - Russia Today | 15. Mar 2018 | ~ Has Europe really recovered from its 2008 financial meltdown? ~ | Blogger: Har sagt før, at det, DNB og regeringen proklamere af solstrålehistorier om verden og kriserne er slut, 'kan' være Propagandasnak ... |

FILE PHOTO: People enter a government-run job centre in Madrid, Spain. © Andrea Comas / Reuters
The mainstream media, and the economic pundits it favors, are rejoicing in the idea that Europe is “back in business,” following a fallow decade. A quick glance at Spain’s numbers suggests this hope may be forlorn.

With the exception of Germany, unemployment in major European Union countries has not returned to pre-crisis levels. Spain and Greece still have Depression levels of unemployment. France and Italy still have very high unemployment, with Italy having only recently fallen below the worst levels it experienced between 1990 and the introduction of the euro.