By Jonathan Davies

Unemployment in the eurozone has fallen to its lowest level since 2012, according to official figures.

Eurostat, the EU's official statistics agency, said the unemployment rate fell to 10.9% in July, down from 11.1% last year.

It is the first time unemployment has fallen below 11% since February 2012. The EU saw unemployment fall to 9.5% - the lowest since June 2011.

The eurozone numbers were boosted by a fall in Italy, where unemployment dropped by 143,000.

Germany still has the lowest unemployment rate at 4.7% and Greece continues to hold the largest at 25%. Despite seemingly starting its economic recovery, Spain's unemployment remains alarmingly high at 22.2%.