whats happened with our mother of europe????
German unemployment unexpectedly rose in March as renewed tensions in financial markets increased uncertainty about the euro region’s recovery. The number of people out of work increased a seasonally adjusted 13,000 to 2.94 million, the Nuremberg-based Federal Labor Agency said today. Economists had predicted a decline of 2,000, according to the median of 24 estimates in a Bloomberg News survey. The adjusted jobless rate held at 6.9 percent, slightly above a two-decade low of 6.8 percent. The euro area, the country’s largest export market, remains mired in recession and Cyprus’s botched bailout is weighing on ... (full story)