Europe is quitting in optimism, as data of unemployment shows eight straight months increasing.

Despite the push up in the world markets thanks to the PMI data in China, boosting even the not so strong european markets, gaining in value also I the Forex markets, data on unemployment made this small gains disappear.

Even worse, since the introduction of the Euro in the 17 countries as a currency, the zone has never perceived a so high unemployment rate. The statistics office for the Euro zone, Eurostat, announced a level of 10.8 percent in february of the present year, 0.1 percent higher than January.....Read More