The euro-zone unemployment rate has unexpectedly jumped to 8.5 percent -- the latest sign that the 16 euro-zone economies are deteriorating faster than expected amid the global financial downturn.
Economists are revising their full-year forecasts
The EU statistics office said unemployment in the euro zone rose to 8.5 percent in February. Some 319,000 more people were seeking work in the euro zone than in January, when unemployment was at 8.3 percent.
Analysts said they expect the unemployment rate to reach about 10 percent later in the year, as the recession deepens.
More pressure on ECB
The latest figures are likely to increase the pressure on the European Central Bank, which was set to meet Thursday, April 2, to discuss lowering euro-zone interest rates.
On Wednesday, the European Union's statistics office, Eurostat, said the jobless rate across the entire 27-nation bloc is now 7.9 percent, up from 7.7 percent in January.
Unemployment is highest in Spain at 15.5 percent, Latvia at 14.4 percent and Lithuania at 13.7 percent. All three have been hit hard by the bursting of a housing bubble and a sharp economic downturn.
Five people have been injured in a fire in a migrant shelter in Heppenheim near Frankfurt. Police are investigating whether this may be the latest in a series of arson attacks on refugee homes across Germany.
Tensions between European countries are rising as the continent grapples with an unprecedented refugee crisis. The issue tops the agenda on Friday with Germany pushing for the controversial concept of quotas again.
Police in Hungary are once again letting refugees board trains at the station in Budapest. But the trains heading out of the country are making unplanned stops before reaching the border. Max Hofmann reports.
Dedicated to the lives and fairy tales of the famous Brothers Grimm, the Grimmwelt is a new museum which opens on Friday (04.09.2015) in Kassel.