IMF predicts shocking 10% recession for Greece in 2020 due Covid-19 crisis
The IMF estimates that the effects of the coronavirus crisis on the Greek economy will be devastating due to the hard impact on tourism.
- Published in Economy
Despite decrease Greece still leads unemployment rate in EU
As new data from Eurostat shows, Greece continued to hold the worst unemployment record among EU member-states, including the UK, in the final quarter of last year.
- Published in Greece
Unemployment fell to 16.8 pct in September
The seasonally adjusted unemployment rate in September 2019 was 16.8 pct compared to the 18.8 pct in September 2018 and to the upward revised 16.9 pct in August 2019, according to Hellenic Statistical Authority (ELSTAT). The number of employed in September 2019 amounted to 3,913,254 persons.
- Published in Greece