UPDATED 7:09 AM EST, January 10, 2013
Eurozone unemployment has reached an all-time high of 11.8%, according to the BBC. Spanish and Greek unemployment topped the charts at 26.6% and 20% respectively. The figures come amid news of general economic slowing throughout the economic union - including in Germany, where industrial output grew by only .02%, .08% below expectations - which may impact efforts to maintain Eurozone cohesion. The German government is projected to have problems securing Bundestag support for a Cypriot bailout package, a symptom of growing German weariness with Eurozone bailouts.




