Eurozone unemployment falls to lowest in 4 yearsFebruary 2, 2016 - 14:40 AMT PanARMENIAN.Net - Official figures show that unemployment across the 19-country eurozone fell in December for the 15th month running to its lowest level in a little more than four years. According to the Associated Press, statistics agency Eurostat said Tuesday, Feb 2, the number out of work decreased by 49,000 to a total of 16.5 million. The last time unemployment was lower was October 2011. A spokesman for Eurostat said the run of declines was the longest the eurozone has experienced since a 25-month stretch that ended in November 2007. As a result, the unemployment rate fell from 10.5 percent to 10.4 percent, its lowest since September 2011. The overall numbers continue to mask big disparities. While Germany's unemployment rate stands at 4.5 percent, according to Eurostat, Greece and Spain remain lumbered by jobless rates above 20 percent. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Armenia, Turkey discuss restoration of historic bridge The meeting took place on May 17 in Ashgabat on the sidelines of an international conference of ministers of culture. EU welcomes Armenia-Azerbaijan “progress” The EU has welcomed “progress” made in the framework of the Armenia-Azerbaijan border delimitation process. Belarus opposition leader slams Lukashenko for Karabakh trip Belarusian opposition politician Sviatlana Tsikhanouskaya has harshly criticized the visit of Lukashenko to Karabakh. Mkhitaryan raises arrest of former Karabakh leaders in Azerbaijan Inter Milan star Henrikh Mkhitaryan has shared a news story about the extension of the arrest of former Karabakh leaders. |