Leftist Syriza party issued a statement, saying that the fall in unemployment below the 20% for the first time in 7 years is the strongest sign that the country has “permanently and irrevocably turned the page”. Investigative. Efficacité et Transparence des Acteurs Européens 1999-2018. Central European countries were quick to point out to the EU Commission president that they do not like her migration proposal.
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Job growth has begun to stagnate and economists say the unemployment rate probably won’t fall much below 12% or so in the coming years. The BBC's Mark Lowen in Athens says the bleak unemployment numbers are in contrast to a message that the government has been trying to push: that Greece has turned a corner, with six years of recession due to end this year and light on the horizon.
Greece sees end of recession in 2014 with new budget, Greece forecasts it will emerge from recession in 2014, https://www.bbc.com/news/business-26171213, number of people out of work in the single currency bloc. As the Greek economy continues to deteriorate and young people continue to go without opportunities to work, the poverty rate in the country will inevitably grow. Why is unemployment still so high? Please consider making a recurring contribution to EURACTIV Media Network for Europe. The trend of unemployment in Greece over the last three decades has been similar to other European counties.
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Mitchell Hartman Jun 19, 2020. Now more than ever we need unbiased, expert information on how and why the European Union functions. Marialena Perpiraki HuffPost Greece LOUISA GOULIAMAKI via Getty Images A protester stands by banners reading "hospitals" and "mental hospitals" during a demonstration by health workers and hospitals' medical staff in central Athens on Dec. 2, 2015. | China's pledge to become carbon neutral before 2060 is "good news" for Europe, but it sends a clear message to Washington ahead of the US election - in which climate change has become a significant aspect for voters. With 1.38 million people officially jobless, turning around the country's economy will take time, even if the recovery does start this year as Athens hopes. If you have any thoughts on this story, China's carbon pledge at UN sends 'clear message' to US, Far right using pandemic to win friends in Germany, Visegrad countries immediately push back on new migration pact.
Months after Black Lives Matter erupted, for many EU decision-makers the problems of racism in policing and criminal legal systems - the issues that sparked the George Floyd protests - are still 'over there', across the Atlantic. Youth unemployment in Greece in May fell to its lowest level since the beginning of the Greek government-debt crisis but more than a third of young Greeks do not have a job.
We are seeing the record-breaking interest in our journalism as our pageviews have tripled. "As expected, the labour market showed a lagging reaction to other positive signs in the economy, said economist Nikos Magginas at National Bank in Athens. Far-right zealots in Germany are using the pandemic to "build bridges" with mainstream corona-deniers, in a sign of the political damage caused by Covid-19 in Europe. Harsh austerity measures have led the Greek economy to shrink by a quarter in four years. When the beaches in Cadiz begin to fill, its an opportunity for workers to find full-time employment. The unemployment rate in September 2013, when was at 27.8%, so the latest improvement is significant. After adding 400,000 jobs, it is now 5.6 per cent. Second, all that jobs growth did little to reduce unemployment.
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Going hand-in-hand with the increase in the rate of poverty among young people in Greece is the level of youth homelessness. Athens had to bow to harsh terms imposed by its creditors, with austerity measures and reforms striking at the heart of Greece’s bloated public sector. provides continuous support for our work enabling us to innovate. It’s been masked by a steady decline in the overall euro-area unemployment rate, which has fallen to the lowest level since 2008. Terms of Trade is a daily newsletter that untangles a world threatened by trade wars. Public employment agencies aren’t as widely used compared with other EU countries. Before the country received its first 110bn-euro ($150bn; £90bn) bailout in May 2010, the jobless rate was under 12% here.