2013-01-09telegraph.co.uk

A day after European Commission chief Manuel Barroso said the "existential threat to the euro has essentially been overcome", we have the monthly jobless data from Eurostat.

Unemployment has reached a record 26.6pc in Spain, rising to 56.5pc for youth... It is a record 11.8pc for EMU as a whole.

...

Mr Barroso may be right that the euro will not implode in 2013. But what matters henceforth is whether the victim nations wish to stay in a project that is causing so much damage, or indeed whether is any moral purpose in holding the euro together at this stage.



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