- Spain's unemployed rate above 25% for the first time - and more than half of young people are out of work
- Greek unemployment rate hits 23.6 percent in second quarter
- Italian miner slits wrist on live TV to protest mine shutdown
- Nearly a quarter of Spanish workforce is jobless as unemployment levels hit record high
- Cameron veto was ‘a blessing’ - Sarkozy advisor
- Moody's fears social unrest as AAA states implement austerity plans
- Greece: Construction slump drags on, jobless youth at 60%
- Irish were gripped by greed, says bank boss
- Friction at IMF meeting as global economic outlook worsens
- Greece may seek Spanish-style rescue of banks as part of debt crisis solution
- Over a million protesters demand Catalonian independence
- EU official calls for member nations to hand over control of their banks and remainder of their sovereignty
- Debt crisis: Italian cash-for-gold shops quadruple as financial crisis deepens
- The Austerity Hoax
- Israel gearing up for financial crisis of attack on Iran: Bank of Israel
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Francois Hollande holds crisis talks after 'worst week' for bruised party
Factory closures and spending deficit have fuelled voters' doubts over ability of president to lead country to recovery
President François Hollande will meet the heads of global economic organisations for crisis talks on Monday after suffering a series of damaging economic blows in what was his worst week since taking power five months ago.
The French leader has been hit by soaring unemployment figures, further factory closures and job losses, and plummeting popularity on top of growing fears that he and his Socialist government are failing to address the country's problems. Members of the opposition right-of-centre UMP have accused them of being "amateurs".
The meeting with chiefs of international organisations, including the International Monetary Fund, the World Bank, the Organisation for Economic Co-operation and Development and World Trade Organisation, has been billed by the Elsyée as a "sharing of views".
Source and full story: The Observer (UK), 28 Oct 2012
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