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(Image from article: "Markets Stumble on Greek Stalemate, Inflation Data")

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Eurozone unemployment hits new record in May

Eurozone Unemployment

Unemployment in the 17-country euro currency bloc hit another record in May as the crippling financial crisis pushed the continent toward the brink of recession, official figures showed Monday.

 

Markets Stumble on Greek Stalemate, Inflation Data

Markets Stumble on Greek Stalemate, Inflation Data

Worry about lack of substantive progress towards a blueprint for tackling the euro zone debt crisis kept investors on edge, traders said. In the United States, consumer inflation rose more than expected in May.

 

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