The surging unemployment rates across Europe are the most troublesome for some politicians and some binary option analysts. It looks like, Spain and Greece are the countrie with the higest rates.
Closer examinations however, showed that there are huge regional inequalities in terms of jobless labor. Northern Italy, for example, seems to have more in common with the German-speaking regions of Europe than with Southern Italy.
Additionally, France appears more peripheral than its central regions.
On the other hand, the former eastern Germany still has not caught up with the west. Eastern Europe also has some striking differences compared to the countries of Western Europe.
Another striking difference is that between The Czech Republic and Slovakia, where The Czech looks like Germany, but Slovakia has a high unemployment rate that increases towards the east.