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Tag Archives: unemployment

Greece’s €3bn loan to boost employment has to wait, says World Bank

The efforts of the Greek government to boost employment through a loan from the World Bank must be put on hold. And there are two reasons for this, reasons that have directly to do with the World Bank. According to exclusive information of daily Naftemporiki,  a standing and inexorable condition before …

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Jobless father of 3 to lose home due to €3.800 debt

Members of leftist political parties, solidarity groups and civic movement “I don’t pay” managed to block the eviction of a 5-member family. The activists chased the notaries out of the court room in Thessaloniki on Wednesday. The home of the family was to be auctioned as the owner had a …

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Thousands of jobs to be lost in Greece’s banking sector

Greece’s four main banks will have to reduce their employees by a total of 4,350 and shut down about 180 branches up to the end of 2017. These new reduction demands result from the derailing of the Greek economy generated by the prolonged uncertainty during 2015 which brought the country …

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UNHR “Humanitarian crisis in Greece has worsened” after 5 years of fiscal adjustment

The independent investigator from the United Nations Human Rights Office of the High Commissioner concluded his mission on the effects of the foreign debt crisis, the creditors’ adjustment program and the impact on economic, social and cultural Human rights. In the UNHR website, Juan Pablo Bohoslavsky posted his preliminary report …

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Frenzy: 25K people have applied for 690 vacancies at Greece’s public hospitals

Greeks in frenzy for a job at a public hospital. A total of 690 vacancies have been opened for nurses, paramedical professions and administrative staff and thus for graduates of secondary education or vocational schools IEK. And Greeks are storming the electronic applications system to grab one of the very …

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Greece has mass production of “unemployed labor-craft with higher education”

Greeks continue to ‘invest’ in education and ‘produce’ qualified jobless despite the high unemployment among the youth and the highly skilled labor craft. According to OECD’s latest report “Education at Glance 2015” Greece has the highest rate in higher education. The Organization for Economic Cooperation and Development found in its …

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