unemployment

While the rest of the country is plagued by crisis, with unemployment rate at 27 percent, the island of Mykonos is rolling in the dough with an avalanche of tourists spending money like there's no tomorrow. According to the Guardian,...

Unemployment in the Eurozone touched record high levels in April, the highest since 1995 - 12,2% against 11,2% in April 2012, Eurostat said on Friday. Youth unemployment reached 24,4%. The most dramatic situation in the EU was recorded in Greece...

Greece may need additional funds under its bailout program from the European Union and International Monetary Fund as output drops for a seventh year in 2014, the Organization for Economic Cooperation and Development said. Gross domestic product will decline 1.2...

Greece's unemployment rate was 27 percent in February, up from 26.7 percent a month earlier and still hovering around the record 27.2 percent mark that was set earlier before being revised. The statistics were particularly hard on Greece's young, rising...

There are now a reported 45,021 unemployed people in Cyprus with expectations the numbers will go a lot higher as the island undergoes harsh austerity measures in return for a 10 billion euros ($13 billion) international bailout to keep...

Greece has held on to its dubious position as having the highest unemployment rate in the European Union, a record 27.2 percent for the country, with 6 out of 10 under 25 now out of work as the government...

In answer to the question “In general, do you think things in Greece are heading to the right or the wrong direction?” 87 percent replied “to the wrong direction” and only 5 percent said “to the right”, while...

As Prime Minister Antonis Samaras said the country's economy could begin to rebound within a year, there are signs it's getting worse for now. The leading think tank the Foundation for Economic and Industrial Research (IOBE,) which produced Finance Minister...

There are now over 10 million more jobless people in Europe than in the beginning of the crisis, according to a snapshot of the European labor market released by the International Labor Organization (ILO). The employment situation has continued to...

“This Greek hero slays monsters of the fiscal variety” is a story in the Canadian newspaper The Globe and Mail about the Lefitst Mayor of Thessaloniki, Yiannis Boutaris, 71, who has relatives in Toronto. As a result of his work...