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 | The Power of One Dram to benefit Road of Life charity The companies inform that the May beneficiary of The Power of One Dram is the “Road of Life” charitable organization. Ucom General Director gives lecture at French University in Armenia The General Director of Ucom Ralph Yirikian delivered a lecture at the French University of Armenia. Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. |