March 30, 2012
Economy, Society
Greece is going from bad to worse. That’s no news, but when it comes summarized through the official data from the European Union it is really impressive. In its querterly report on employment and the social situation in the opean Union, the European Commission states that 370,000 jobs were lost in the first three quarters …
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March 27, 2012
Economy, Society
Maria* has been working at a lady’s fashion shop in Glyfada, a noble suburb of Athens, in the south. The 50-year old woman is desperate. Last time she got paid her full salary of 900 euro was in July 2011. From August onwards, Maria has been receiving 200 euro per …
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March 26, 2012
Society
The days are longer. Ahead are six months full of sun and hope. New week, new opportunities. Time to get a job, if you don’t have one. However, beware! As recession prevails and high unemployment makes the struggle for even a low-paid job a competition without compare. Take a look on how …
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March 19, 2012
Economy
The monetary report of the Bank of Greece is out and forecasts the recession will continue parallel to the rise of unemployment. The governor of BoG says in a sybillic style that “unemployment will exceed 19%” but he refrains from telling where it would stop – i.e. 25%? 40%? Provopoulos …
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March 8, 2012
Economy
Unemployment in Greece is out of control as it breaks one record after the other. According to Greek Statistics Authority, unemployment reached 21% in December 2011 with the number of jobless Greeks exceeding one million people. In comparison, unemployment was 14.8% in December 2010 and 20.9% in November 2011. The total …
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March 1, 2012
Economy, Society
Greece rushed to obey to its lenders dictates ahead the Eurogroup meeting on Thursday afternoon. Just a couple of hours earlier the Ministries of Finance and Labour had hastily signed an agreement that the unemployment benefit will undergo reductions of 22% as the minimum wages. Unemployed Greeks will receive (ridiculous) €359 per …
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February 15, 2012
Society
UPDATE: Shortly after 4.30 pm the mother was convinced to step down from the OEK window. At 3 pm she was seriously about to jump from the window but a woman persuaded not to do so. The drama of the parents who threatened to commit suicide due to upcoming unemployment …
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February 9, 2012
Economy, Society
It is official: 1.029.587 Greeks were without job in November 2011 and unemployment hit a new record reaching 20.9 percent. In comparison, unemployment was 13.5% in November 2010 and 18.2% in October 2011, according to Greek Statistics Authority (ELSTAT). That is, unemployment figures doubled within one year and 405.785 Greeks lost …
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January 31, 2012
Economy
What we see and hear everyday, it has been now recorded in statistics. Unemployment reached 10% among the EU member countries and Greece is holding one of the leading positions, according to EUROSTAT, the EU Statistics Authority. While the number of jobless reached 19.2 in October 2011, the number of young people (under …
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January 12, 2012
Economy
Unemployment in Greece hit a new record in October 2011 with 18.2% of the population being without job. In September 2011 unemployment was 17.5% and a year earlier (Oct 2010) 13.5%. According to Greek Statistics Authority (ELSTAT) 903,525 Greeks have no job and the number of economically active, i.e. people who earn …
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December 8, 2011
Economy, Society
I should have started this post with a sentence like “Shocking data” or “Dramatic increase” but I don’t. I am neither shocked nor surprised about the new unemployment rate. Greek Statistics Authority ELSTAT issued the new data for September 2011. Unemployment is at 17.5% which translates into 857,656 people without a …
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November 24, 2011
Economy, Society
The figures are merciless: 500,000 households in Greece have zero-income, as there is no household member with a work. If you take into consideration that these data is based on employees only and do not include the self-employees, the reality must be much worst. The report prepared by the Bank …
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November 20, 2011
Society
The economic crisis breaks more and more families in Greece and state officials report of shocking cases, where parents try to give their children to the protection of social institutions because they can’t feed them. Ethnos newspaper reports that parents seek the prosecutions’ offices in order to be able to have their …
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November 10, 2011
Economy, Society
Unemployment reached 18.4% in the month of August breaking the ‘barrier’ of 900K. According to data released by the Greek Statistics Authority (ELSTAT) 90,000 people lost their job last August. the total number of unemployed Greeks is 907.953. The news is more than shocking, then the summer months consider as …
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October 21, 2011
Society
After two days of strikes in public sector Greeks rushed to state banks and unemployment offices. Payday! Where pensions and unemployment allowance are paid on certain days of the month. Older neighbors reported that they had to wait 2-3 hours to get their pensions, in the average 600 EUR. But worst …
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September 20, 2011
Economy
Ominous are the forecasts of the International Monatery Fund for the Greek economy and it sees no exit from the black tunnel we are in. In its Global Report – Autumn 2011, published a couple of days ago, the IMF forecast shocking data for growth and unemployment. In fact it sees …
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July 13, 2011
Society
This is a real great news in times of austerity, recession and depression! A great relief for all jobless in Greece. The monthly allowance for unemployed is to increase from 454.25 to 461.5 euro. The amazing amount of €7.25 more per month can supply the jobless with one chicken and a …
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June 8, 2011
Economy, Uncategorized
Each and every month unemployment in Greece hits new records, with the latest report of the Greek Statistics Authority to state that the jobless rate for March climber at 16,2% ! A month earlier, February 2011, the jobless rate was at 15.9% , while a year earlier (Marc 2010) the rate was …
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May 3, 2011
Economy, Society
Yes, it is official! Unemployment leads not only to financial extermination but also to biological. This is said more or less by Lazlo Andor, EU Commissioner responsible for Employment, Social Affairs and Inclusion Building a fairer future. Each percentage increase in national unemployment attributes to a 0.8% increase of suicides by …
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May 2, 2011
Economy, Society
Cousins Spyros,35, and Costas,29, opened their own business three years ago: An internet cafe in Thessaloniki. The business was running good. In fact, it was running excellent! The internet cafe was open 24/7. They had even had two employees. Last October Spyros and Costas started to realize the economic crisis and the …
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