The issue of the eurozone unemployment has reached an alarming point, the director of the London-based Bruges Group tellsPress TV. Unemployment is alarmingly high within the eurozone. It will signal that the economic problems will continue, Robert Oulds said in a Press TV interview on Wednesday. The analyst went on to say that the economic catastrophe ...

French carmaker PSA Peugeot Citroen has reported a loss of 426 million euros (USD 566 million) for the first half of the current year, amid continuing slump in car sales in crisis-hit Europe. The company announced the negative result on Wednesday and reported a 13.3 percent decline in car sales in Europe in the same period. This is a fresh setback ...