Job creation ambitions hit by eurozone woes

Commission to publish ideas on how to trigger 'job-rich growth' amid gloomy eurozone concerns.

The European Commission will next week launch a bid to balance austerity measures and deficit-reduction with job-creation and growth, but will do so in the face of renewed disquiet on the financial markets about the eurozone’s prospects.

The Commission is on Wednesday (18 April) to publish  its ideas on how to trigger a “job-rich recovery” across the European Union. But the context could hardly be gloomier, with the eurozone last week registering unemployment rates at a record high. Bond yields rose this week as the markets took fright at bad economic news, with Spain the main focus of concern.

Please log in to read this article:

Forgot your password? Click here

Don't have a login yet?

Register for free to read this article.
It only takes a minute.

REGISTER FOR FREE