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.
Berlin’s iconic Kaufhaus des Westens, better known as KaDeWe, has been the target of a bold robbery by four masked men. Several people were treated for injuries after reportedly inhaling teargas.
Bloggers are suggesting de-friending right-wing PEGIDA supporters on social media platforms such as Facebook. While it might seem like the right thing to do, this will not combat xenophobia, writes DW's Michael Münz.
In light of recent marches by the controversial PEGIDA movement, Germany's Central Council of Jews (ZdJ) has come to the defense of Muslims in Germany. Chairman Josef Schuster has warned to not underestimate the group.
We may know him best as the devilishly handsome provocateur of films such as "Ocean's Eleven" but Brad Pitt may be about to receive a somewhat more salubrious title - the "Keeper of the German Language" for 2014.