The euro-zone unemployment rate has unexpectedly jumped to 8.5 percent -- the latest sign that the 16 euro-zone economies are deteriorating faster than expected amid the global financial downturn.
Economists are revising their full-year forecasts
The EU statistics office said unemployment in the euro zone rose to 8.5 percent in February. Some 319,000 more people were seeking work in the euro zone than in January, when unemployment was at 8.3 percent.
Analysts said they expect the unemployment rate to reach about 10 percent later in the year, as the recession deepens.
More pressure on ECB
The latest figures are likely to increase the pressure on the European Central Bank, which was set to meet Thursday, April 2, to discuss lowering euro-zone interest rates.
On Wednesday, the European Union's statistics office, Eurostat, said the jobless rate across the entire 27-nation bloc is now 7.9 percent, up from 7.7 percent in January.
Unemployment is highest in Spain at 15.5 percent, Latvia at 14.4 percent and Lithuania at 13.7 percent. All three have been hit hard by the bursting of a housing bubble and a sharp economic downturn.
The European Parliament may be looking into measures to split up Internet search engine services, which would primarily affect search giant Google. A draft motion was cited by the Financial Times and news agency Reuters.
Artur Mas, his deputy in Catalonia, and his education minister face prosecution in Spain for staging a non-binding referendum on Catalan independence. Charges, including abuse of power, were filed on Friday.
Maybe it could be called an alternative for euroskeptic fundraising, as opposed to Germany. The AfD's online gold shop, set up to bolster finances and thereby ensure more state assistance on top, has come into question.