Current News Item !!The EU statistics office announced unemployment. Average of the rate was 10%. It is same as in May. In EU, there are some countries that are suffered from aggravation of economy. Spain is 4TH of the EU economy country.
Spain’s rate is 19.9%.It is the worst rate they have ever had, but the rate is predicted to be over 20%. The cause is policy of government. The policy is fiscal austerity. Part of that, government is cutting official officers.
Portugal’s rate is 10.9%. It is also the worst rate they have ever had. On the other hand, Germany’s rate is 7%. The rate is decreasing. Germany is 1st of EU economy country.
In EU, there are increasing gap between low rate countries and high rate countries.
Yes,the economic situation in Spain has worsened dramatically but we are still better off than Greece,I think!
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