Tuesday, April 3, 2012

Things not going so hot in Europe - unemployment up, and the damned Irish are refusing to pay their homeowners' taxes (and idea which will appeal to MANY states-side!)

Eurozone Unemployment Hits Highest Rate in 13 Years

In international economic news, the unemployment rate in the eurozone has reached 10.8 percent — the highest it has been since the introduction of the single currency in 1999. Spain has the highest rate of 23.6 percent.

Half of Irish Homeowners Boycott Tax in Anti-Austerity Protest

In economic news from Europe, about half of the homeowners in Ireland have joined a tax boycott called for by anti-austerity protesters. An estimated 800,000 homeowners refused to pay a new flat-rate $133 property tax by Saturday’s deadline.