Friday, July 31, 2015

Italy Youth Unemployment Hits Record High 44.2%, Concerns Rising "Recession Exit May Be Unsustainable" | Zero Hedge

Italy Youth Unemployment Hits Record High 44.2%, Concerns Rising "Recession Exit May Be Unsustainable" | Zero Hedge: " and posing a question just what is going on in the country with the biggest debt load in Europe, and more importantly how is it that Rome is still unable to benefit from the ECB's QE which has pushed Italian yields far below those of the US despite an economy which is suddenly taking on water.

And nowhere was this more visible than in Italy's youth unemployment rate, which surprisingly jumped by nearly 2% to 44.2%, a record level, and one which is starting to rival some of Europe's most troubled nations, such as Spain and of course Greece."



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