urope's unemployment rate hit a new high of 11.7 percent in October, and inflation dipped sharply from 2.5 percent to 2.2 percent, signaling that the pain from the currency bloc's recession is deepening. European Central Bank President Mario Draghi said on Friday that austerity measures to reduce deficits are hurting the eurozone economy in the short-term, but that the region would begin to recover in the second half of 2013. The recovery is not far off, he said, but "we have not yet emerged from the crisis."
THE WEEK'S AUDIOPHILE PODCASTS: LISTEN SMARTER
- 31 TV shows to watch in 2014
- Why would a young person today be religious?
- Why we can't stop procrastinating, according to science
- He said he was leaving. She ignored him.
- The world's dumbest idea: Taxing solar energy
- Israel and Russia are getting along. Have the neocons noticed?
- Why I'm a pro-life liberal
- How Community's Dean Pelton broke new ground for sexual politics on television
- Why Holy Thursday is so important to Christians
- The 6-year-old who woke up from a coma with a different personality
Subscribe to the Week