https://hotair.com/headlines/archives/2013/02/26/no-the-eurozone-crisis-isnt-over/feed/HotAir is the leading conservative blog for breaking news and commentary covering the Biden administration, politics, media, culture, and current elections.en-usTue, 09 Jun 2026 12:03:39 -0400<![CDATA[The election results, furthermore, are a signal that, to the people of Europe, the euro zone debt crisis is far, far, far from over. Sure, bond markets may have stabilized, but the ordinary worker is still suffering badly from the crisis. Unemployment in the euro zone stood at an ugly 11.7% in December. In Spain and Greece, the rate is more than 26%. There is no relief in sight. The E.U. expects unemployment to climb even further in 2013. The prospects for growth aren’t any better. Euro zone GDP contracted by 0.5% in 2012 and the E.U. forecasts the zone to suffer another 0.3% decline in 2013. Even core countries like Germany and France will barely grow.]]>Tue, 26 Feb 2013 17:40:32 -0500<![CDATA[Allahpundit]]>https://hotair.com/headlines/2013/02/26/no-the-eurozone-crisis-isnt-over-n100460