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Here at one of Europe\'s most respected economic think tanks, Bruegel, researchers and analysts are continuing to crunch the latest unemployment figures which show a record number of people out of work in the eurozone. According to the EU\'s statistical office, Eurostat, within the 17 countries that use the euro, an additional 95,000 people joined the dole queues in April. According to the latest figures there are now 19.4 million unemployed adults in the eurozone. That is 12.2% of the labor force. 3.6 million adults under the age of 25 are without job. In Greece and Spain youth unemployment is running at 60%. And 40% of young adults are without work in Italy. France, Europe\'s second largest economy, is also experiencing record unemployment. Jerome Hughes, Press TV, Brussels

Will 2012 be a make or break year for the Eurozone?-A Simple Question-02-27-2012 English

The Dutch Finance Minister who was a leader in the EU bailout of Cypress said that account confiscation is the new bailout model That means that all bank accounts within the eurozone now are at risk Cypress was considered by Europeans as an offshore banking haven and banks employ 25 PERCENT of the entire workforce Massive layoffs have already begun causing even more woe for the Cypriots

The Eurozone and its euro: It\'s more about its survival than its economic and financial success: the usual countries are in the spotlight: Greece, Spain, Portugal, Italy, and France. In this edition of the show we will look at why over three years into the euro zone crisis, the situation remains unresolved and growth is weak, threatening the very fabric of societies, as evident in mass protests. We will also look at Germany, the powerhouse: Are things as rosy in Germany as people think?

[31 May 2012] Euro-crisis to deepen due to bad banking - English The EU's Economics Commissioner Olli Rehn says eurozone leaders must anchor their actions in more austerity if the eurozone is to avoid "disintegration" amid the economic crisis. Rehn believes that "default or disintegration" would likely cause much greater pain for Europe's citizens than further unpopular austerity and reforms, as it "would lead to terrible depression in Europe and around the world." His remarks come as EU leaders have been struggling to ease the Europe economic crisis and amid concerns over a Greek exit from the debt-stricken eurozone. Press TV has conducted an interview with Rodney Shakespeare, professor of binary economics from London, to further discuss the issue.

In a scary and painfully frank interview a freaked out BBC interviewer is visibly shaken when market trader Alessio Rastani predicts that the Market is Toast Apparently there is nothing Euro governments can do Update The BBC featured a version of this clip on their website. It includes a few seconds missing from the beginning, but ends before the newsreader describes the situation as a Nightmare

Here is an excellent analysis by F. William Engdahl of how international banks, especially Goldman Sachs, caused the present EU debt crisis and then used their inside knowledge to profit from the collapse they

[08 October 11] News Bulletin Press TV - English

[09 October 11] News Bulletin Press TV - English

Nigel Farage on QT . Also on the panel are the completely incoherent Gloria De Piero (Labour) MP - I honestly felt embarrassed watching her give answers. Ian Duncan Smith MP (Con), Jo Swinson MP (Lib Dem) and Julian (Lord) fellowes, a luvvie who became a tory peer this year. Questions were asked about this weeks parliamentary EU referendum debate, the eurozone crisis, the capacity of British prisons, the anti-capitalist demo at St. Paul's Cathedral and the decline in University applications by 9% this year

Within days-- the US will hit 15 trillion dollars in debt. That's fifteen with 12 zeroes behind it. The numeric milestone comes at a time when Americans as a whole have a distrust of Congress for how it spends their money. Across the country protests and public discontent is rising over federal spending from conservatives and liberals. Occupy protests that started at Wall Street in New York have spread across the country. They're angry with banks that received federal funds but insist on charging customers extra fees. They call it bank transfer day. In the Eurozone, President Obama spends time in Cannes, France, for the G-20 summit that takes place as Europe is trying to determine a bailout package for debt-ridden Greece. But while the president is overseas-he has to fight for a reelection battle back at home. republican rivals are pointing to the country's crawling economy and describe it as a result of weak leadership. And the US' struggling recovery was dealt another blow this week with a lackluster jobs report. U.S. employers hired an estimated 80,000 people last month, worse than economists expected. The unemployment rate only dropped a tenth of a percent down to 9 percent. Congress is still so divided that President Obama is trying to find ways to get the country moving by using executive orders instead of a preferred legislative process. Meanwhile, as lawmakers squabble the US debt steadily rises with the national poverty rate and the number of dissatisfied Americans.

[14 Jan 2012] News Bulletin Press TV - English

[15 Feb 2012] News Bulletin Press TV - English

[16 Feb 2012] News Bulletin Press TV - English

[2 Mar 2012] News Bulletin Press TV - English

[3 Mar 2012] Deepening Dilemma - News Analysis - Presstv - English

[03 April 2012] News Bulletin - Press TV - English

[03 May 2012] News Bulletin - Press TV - English

UK Independence party leader Nigel Farge says Greece will be destroyed if she does not leave the Eurozone

[07 Aug 2012] News Bulletin - English

[07 Sept 2012] News Bulletin - English

The current spell of miserable weather in the European Union\'s de facto Capital, Brussels, reflects the mood of many EU citizens who have fallen victim to the economic crisis. As the OECD cut its growth forecasts for the Eurozone and urged the European Central Bank to do more, the European Commission was setting out specific economic recommendations for member states. France, Spain, the Netherlands, Slovenia, Poland and Portugal are being given more time to implement painful economic cuts and raise taxes. The Commission, though, has warned the countries to use their extra time wisely or face possible sanctions for not complying. Jerome Hughes, Press TV, Brussels

[11 Aug 2015] Germany stresses quality over speed in Greek bailout deal - English