Spain unemployment hits record 5 million in Feb March 4, 2013 - 13:08 AMT PanARMENIAN.Net - Spain now has a record five million people registered as unemployed as the country remains stuck in recession, The Associated Press reports. The Labor Ministry said Monday, March 4 that the number of people on the unemployment list in February jumped by 59,444 compared with January, making for a total of 5.04 million. Spain is battling to emerge from its second recession in just over three years with its economy still reeling from the collapse of the once-booming real estate sector. The country's unemployment rate was at 26 percent at the end of the fourth quarter.   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 |  Latest news European Parliament to discuss repression in Azerbaijan  The European Parliament will discuss repression of civil society in Azerbaijan on April 24PACE wants concessions from Azerbaijan to accept Baku back A PACE co-rapporteur said that Azerbaijani authorities must make certain concessions so that the country can return to PACE.Cyprus parliament honors Armenian genocide victims Acting House President Zacharias Koulias noted that April 24 marks the “black anniversary” of the Armenian genocide.Armenia PM, France envoy discuss regional matters Issues related to the consistent development of Armenia-France cooperation were discussed. |
