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[personal profile] vit_r
Harmonised unemployment rate. Euro area

European countries that don't act like France, Germany, and Italy do much better.
More on Econlog...


Foreign observers of Germany might be tempted to believe that the largest nation in the EU avoided the worst aspects of the crisis through a combination of prudent financial regulation and good old fashioned conservatism. But such a view is very far from the truth. In fact, Germany faces an financial crisis in its private and state sector banks that, relative to the size of that nation’s economy, could be every bit as serious as the US crisis.
More on The BigPicture
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