He said the European statistics office said on Friday that the annual
inflation rate in the euro zone fell to 2.2 percent in November from 2.5
per cent in October and was lower than expected by economists, which is
2.4 per cent
And caused months of stubborn inflation and unemployment in the
standard of living more difficult for families heavily indebted
struggling for three years under the public debt crisis has forced
governments and companies to reduce the number of jobs significantly.
The preliminary estimates of the Office of European statistics show
that energy prices recorded one of the lowest rates to rise during the
year, which helped to make the consumer price inflation rate close to
the level targeted by the European Central Bank which is slightly less
than two per cent.
But economists and policy-making say the euro, which entered the second
term of the recession since 2009, the region's economy may see a weak
recovery in the next year, while unemployment will continue to rise
levels.
He said European Central Bank President Mario Draghi on Friday, "has
not yet come out of the crisis," noting that most of the recovery of the
euro zone will definitely in the second half of 2013.
He said the European statistics office said the unemployment rate rose
to 11.7 per cent in October from 11.6 percent in September and 9.9 per
cent in October 2011, bringing the number of unemployed to nearly 19
million unemployed.
Portugal and trimmed, for example, the number of public sector
employees more than employees of every 20 employees in the first nine
months of 2012, while announced the various institutions of the
automakers to financial groups lay off thousands of workers since
September.
The
overall rate of unemployment is still hides wide disparities between
the countries of the euro zone, which includes 17 countries, with an
unemployment rate in Austria, 4.3