Thus Der Spiegel today. “The European debt crisis and related austerity measures continue to drive up unemployment across the eurozone,” elaborates the newspaper. According to the figures released by Eurostat, the European Union’s statistical office, unemployment in the seventeen-nation common-currency area stood close to twelve percent in September, the highest it has ever been. It is close to twenty-six percent in Spain, slightly above twenty-five percent in Greece, and nearly sixteen percent in Portugal. All told, eighteen and a half million people are unemployed in the eurozone. The situation is not expected to improve any time soon, the article concludes. In fact, it may turn even worse. There are few surprises in the article, except that the word “depression” is nowhere to be found in spite of so many signs that the eurozone is past recession by now. It seems that this awesome word has been struck out of dictionaries of all European languages.