
Protesters march past a closed shop during a union demonstration Wednesday in Thessaloniki, Greece. Officials announced Europe has been in the second leg of a double-dip recession since the fourth quarter of last year. The overall European unemployment rate is at a record-high 11.6 percent, and it is hovering around 25 percent in Greece and Spain. (Associated Press)

Riot police apprehend a protestor during a general strike in Valencia, Spain, Wednesday, Nov. 14, 2012. Spain's main trade unions stage a general strike, coinciding with similar work stoppages in Portugal and Greece, to protest government-imposed austerity measures and labor reforms. The strike is the second in Spain this year. (AP Photo/ Fernando Hernandez)

Riot police apprehend a protestor during a general strike in Valencia, Spain, Wednesday, Nov. 14, 2012. Spain's main trade unions stage a general strike, coinciding with similar work stoppages in Portugal and Greece, to protest government-imposed austerity measures and labor reforms. The strike is the second in Spain this year. (AP Photo/ Fernando Hernandez)

Protestors march during a general strike in Madrid, Spain, Wednesday, Nov. 14, 2012. Spain's main trade unions staged a general strike, coinciding with similar work stoppages in Portugal and Greece, to protest government-imposed austerity measures and labor reforms. The strike is the second in Spain this year. (AP Photo/Andres Kudacki)

Riot police arrest a protestor during a general strike in Madrid, Spain, Wednesday, Nov. 14, 2012. Spain's main trade unions stage a general strike, coinciding with similar work stoppages in Portugal and Greece, to protest government-imposed austerity measures and labor reforms. The strike is the second in Spain this year. (AP Photo/Andres Kudacki)

Police clash with protestors during a general strike in Madrid, Spain, Wednesday, Nov. 14, 2012. Spain's main trade unions stage a general strike, coinciding with similar work stoppages in Portugal and Greece, to protest government-imposed austerity measures and labor reforms. The strike is the second in Spain this year. (AP Photo/Andres Kudacki)

Workers shout slogans and hold a banner reading " Employment, pensions, united across Europe" , during a demonstration against austerity, in Marseille, southern France, Wednesday, Nov. 14, 2012. With rampant unemployment spreading misery in southern Europe and companies shutting factories across the continent, workers around the European Union sought to unite in a string of strikes and demonstrations on Wednesday, with strikes and protests planned in Italy, Greece, Portugal, France and Belgium. (AP Photo/Claude Paris)

Protesters block traffic on one side of Oxford Street, London, whilst taking part in a picket and demonstration they said was over dismissals of 28 workers employed by contractors on the Crossrail transport project, for being trade union members, Wednesday, Nov. 14, 2012. The protest was held to coincide with planned European strikes on Wednesday in Spain, Italy, Greece, Portugal, France and Belgium against austerity measures and economic reforms. Crossrail, due to start running services in 2018, is a new train line that will include twin-bore 21 km tunnels under central London and link 37 stations including transport hubs such as Heathrow airport with business districts including the City and Canary Wharf. (AP Photo/Matt Dunham)

Jean-Claude Juncker (second right), Luxembourg's Prime Minister and chairman of the Eurogroup, greets Greek Finance Minister Yannis Stournaras (second left) as Olli Rehn (left), European Commissioner for Economic and Monetary Affairs, and Mario Draghi (right), President of the European Central Bank, look on Nov, 12, 2012, during the Eurogroup finance ministers meeting in Brussels. (Associated Press)