Charts of the day: The European Double Dip


Though it sounds like a dance from the Roaring 20s, it’s the crushing reality that Europe is now slumping deeper into the slough of economic despond.

First, a look at some industrial declines via Economic Policy Journal:

Next, a chart of soaring unemployment in both the European Union and the smaller eurozone common currency group via Real World Economics Review:

And from euronews, a brief report on the official announcement of the advent of the second dip:

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