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Greek Unemployment Recedes after 48 Months

Unemployment is dropping and the labor market seems to be stabilizing was the message sent by labor minister Yannis Vroutsis, on the occasion of the Hellenic Statistical Authority's (ELSTAT) announcement concerning a decrease in unemployment rate.

Call For Greece to Quit EU Presidency

Two German ruling coalition MPs have demanded the abdication of Greece from the Presidency of the EU, which it is slated to undertake, in January 2014, on the basis of the burden of the cost on the beleaguered Greek economy.