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Tag Archives: September 2013

Unemployment in Greece gallops as usual: 27.4% in Sept 2013

Each and every month unemployment in Greece breaks a new record. According to Greek Statistics Authority (ELSTAT), the general unemployment reached 27.4% in September while the rate for youth unemployment was 51.9%. In September 2012 unemployment was at 26%. In real life numbers these rates mean that 1,376,463 people are …

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Wes McGrew: New IMF mission head to replace Bob Traa in Greece

Our beloved Bob Traa, the head of IMF mission in Greece is leaving the debt-ridden country. There were claims in the Greek press some time ago, that Bob Traa would go to early retirement at the tender age of 56. Because as everybody knows the rules (taxes, retirement age at …

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