European Commission have noted 'worrying' EMU jobless figures

Market news

2 May 2012

European Commission have noted 'worrying' EMU jobless figures

growth, tackling joblessness is top rioroty;
jobless rate confirms need for dynamic labour market;
must focus on job creation in key sectors;
need labour market reforms in EU member states.

S&P raises Greece ratings to CCC from SD (selected default). Outlook stable.

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