A portrait of European policy failure

http://blogs.telegraph.co.uk/finance/ambroseevans-pritchard/100024744/a-portrait-of-european-policy-failure/

There are now 19.4 million registered unemployed in Euroland and 26.6 million in the EU as a whole. There are 5.6m youths below the age of 25 looking for jobs.
Frankly, I have nothing further to say on this. The chart below contrasts EMU policy failure with the US and Japan.

We have a lot in common Euroland...