Read more : IMF chief 's warning to Europe . Over a quarter of the European population are without jobs and youth unemployment is at 2.9 % , the highest in Europe . Since 2010 Greece has received 240 billion euros [ $ 320 billion ] from creditors to prevent a sovereign default . The European Commission expects Portugal to emerge from recession next year and robust 55 % growth in 2015 .
Over a quarter of the European population are without jobs and youth unemployment is at 2.9 % , the highest in Europe . Since 2010 Greece has received 240 billion euros [ $ 320 billion ] from creditors to prevent a sovereign default . The European Commission expects Portugal to emerge from recession next year and robust 55 % growth in 2015 .