Highlights
| Italian Unemployment Rate Rises for First Time Since 2003 |
Euro Central bankers think that’s a good thing for their fight against inflation. Unemployment was getting far too low for comfort.
| France’s Woerth Maintains Economic Growth Forecast at 1.7%-2% |
More than enough to warrant rate hikes.
| French government wants more work hours |
Trying to add supply to labor markets to keep wages ‘well contained.’
| Zapatero Says Spain Suffering an ‘Abrupt Slowdown’ |
Spain had been growing too fast for comfort for the inflation hawks
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