Posted by : Nikhil Bhalwankar Wednesday, June 12, 2013

Today, I came across an excellent blog post from Mr. Samirsinh Dattopadhye. The post explains the situation of Europian Economy. The article is mind blowing. Do read. Below are few points which caught my eye...

The highest youth unemployment rates in Europe have been observed in Greece where they have skyrocketed to 64.2% and are also close to hitting 75% in some parts of the country. Spain too has been facing this extremity where youth unemployment rates have been at a staggering 56.4%. Portugal too is not far behind with youth unemployment rates being as high as 42.5%. At the same time, other EU members viz., Cyprus, Latvia, Ireland, Lithuania and Estonia have also been seeing higher and increasing rates of unemployment. Also a whopping one third of all individuals between the ages of 15 and 24 are at risk of poverty in the EU.
The full article can be read at the below link....

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