Spain youth unemployment reaches record 56.1%

Number of young Spaniards belonging to ‘lost generation’ is up 2% since June, despite government claims that the worst is overYouth unemployment in Spain has reached a new high of 56.1%, a quarter of the 3.5 million under-25s jobless across the eurozon…

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Spain youth unemployment reaches record 56.1%

Number of young Spaniards belonging to ‘lost generation’ is up 2% since June, despite government claims that the worst is overYouth unemployment in Spain has reached a new high of 56.1%, a quarter of the 3.5 million under-25s jobless across the eurozon…

Read more

Spain youth unemployment reaches record 56.1%

Number of young Spaniards belonging to ‘lost generation’ is up 2% since June, despite government claims that the worst is overYouth unemployment in Spain has reached a new high of 56.1%, a quarter of the 3.5 million under-25s jobless across the eurozon…

Read more

Spain youth unemployment reaches record 56.1%

Number of young Spaniards belonging to ‘lost generation’ is up 2% since June, despite government claims that the worst is overYouth unemployment in Spain has reached a new high of 56.1%, a quarter of the 3.5 million under-25s jobless across the eurozon…

Read more

Spain youth unemployment reaches record 56.1%

Number of young Spaniards belonging to ‘lost generation’ is up 2% since June, despite government claims that the worst is overYouth unemployment in Spain has reached a new high of 56.1%, a quarter of the 3.5 million under-25s jobless across the eurozon…

Read more

Sir Mervyn King’s great Bank of England myth

•Outgoing governor still insists Bank was a lone voice of sanity before the crash
•City authorities’ naivety over the Eurasian Natural Resources Corporation

As he departs, Sir Mervyn King cannot be allowed to get away with a myth he has been promoting for years – the notion that the Bank of England was somehow a lone voice of sanity in the pre-crisis years and that its warnings of impending disaster for the banking system fell on deaf ears.

The outgoing governor was at it again this week in his final appearance in front of the Treasury select committee. “Our own reports were full of warnings,” he said, referring to the Bank’s financial stability reports of the era.

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IMF admits: we failed to realise the damage austerity would do to Greece

Athens officials react to report with glee, saying it confirms that the price extracted for country’s bailout package was too highThe International Monetary Fund admitted it had failed to realise the damage austerity would do to Greece as the Washingto…

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IMF admits: we failed to realise the damage austerity would do to Greece

Athens officials react to report with glee, saying it confirms that the price extracted for country’s bailout package was too highThe International Monetary Fund admitted it had failed to realise the damage austerity would do to Greece as the Washingto…

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