On Sunday, German voters will go to the polls. Victory for Chancellor Angela Merkel seems certain. One unpredictable element, however, is the fate of a party that wants to exclude the Eurozone's economically struggling members from the bloc.
European unemployment hit a new record high in April. 12.2 percent, or about 20 million people, across the 17 countries that use the euro are out of work.
France today entered a double-dip recession. It depends on exports to Italy and Spain and they, like many eurozone nations, are still feeling the pinch. Europe's slump is dragging down the global economy.