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Greece Unemployment

Greece Shuts Down As Thousands Protest Austerity

AP | ELENA BECATOROS | Posted 11.06.2013 | World

ATHENS, Greece -- ATHENS, Greece (AP) — Services across Greece shut down Wednesday as unions staged a 24-hour general strike and held peaceful demon...

Greek Unemployment Hits Record High

AP | Posted 08.08.2013 | Business

ATHENS, Greece -- Unemployment in Greece rose to a new record high of 27.6 percent in May, leaving almost two thirds of young people without a job, th...

The New Greece Imagined -- A Thousand Small Businesses

Steve Mariotti | Posted 09.10.2013 | Business
Steve Mariotti

Once the nation of invention and creation, the land of Homer and Aristotle, the Athenian paradise of the entrepreneur, Greece now appeared to be the land of "it is not my job."

Les Miserables of Greece

Justine Frangouli-Argyris | Posted 04.22.2013 | World
Justine Frangouli-Argyris

Yesterday's prosperous citizens require international humanitarian assistance and a strong support from the Greek-American community at large. The Greek government and its European allies cannot pretend that nothing is amiss anymore.

Greek Unemployment Hits Record High

AP | DEREK GATOPOULOS and ELENA BECATOROS | Posted 02.14.2013 | World

ATHENS, Greece -- Unemployment in Greece rose to a record 27 percent in November as a result of the financial crisis and austerity measures that will ...

Austerity Protests Descend Into Violence

AP | DEREK GATOPOULOS | Posted 12.18.2012 | World

ATHENS, Greece — Hundreds of youths pelted riot police with fire bombs, bottles and chunks of marble Thursday as yet another Greek anti-austerit...

RECORD: 1 In 4 Greeks Unemployed

AP | NICHOLAS PAPHITIS | Posted 12.11.2012 | World

ATHENS, Greece — Unemployment in Greece hit a record high of 25.1 percent in July as the country's financial crisis continues to exact its heavy...

Euro Crisis: The German Approach Is at Least Partially Correct

Steven Strauss | Posted 09.21.2012 | World
Steven Strauss

Aside from the risk to the German taxpayers, a failure to come out of this crisis with real reforms sets the stage for an even bigger debacle at a later date. The Germans deserve commendation for their commitment to a united Europe.

Greece's Record Joblessness 'May Not Have Reached Its Peak Yet'

Reuters | Posted 09.11.2012 | Business

* Unemployment hits record of 22.5 pct * More half of young Greeks out of a job * Tourism to provide only temporary reli...

Why No One Is Hanging Out At The Parthenon

Reuters | Posted 08.06.2012 | Business

* Crisis, euro exit talk scares tourists off * Prices are cut to win last-minute arrivals * Double-digit drop in 2012 to...

Greece: How to Slow the Nosedive

Dimitri B. Papadimitriou | Posted 04.10.2012 | World
Dimitri B. Papadimitriou

During the coming years of austerity, thousands of Greek workers will remain idle because policymakers believe that this makes economic sense. It simply does not.

Is Austerity Helping Or Killing Greece's Economy?

The Washington Post | Posted 01.11.2012 | World

Deeply indebted and nearly bankrupt, this Mediterranean nation was forced to adopt tough austerity measures to slash its deficit and secure an interna...

Greece's Unemployment Rate Jumps Even More

Posted 10.11.2011 | Business

ATHENS, Greece (AP) -- Greece's Statistical Authority says unemployment in the debt-ridden country jumped to 16.6 percent in May. That's up from 12...

Greek Unemployment Jumps With More Cuts Coming

AP | ELENA BECATOROS | Posted 08.08.2011 | Business

ATHENS, Greece — Unemployment in debt-ridden Greece hit new record highs in March as government officials wrangled over tough new austerity meas...