NEWS

Greek PM pledges to contain unemployment

Greek Prime Minister Antonis Samaras on Tuesday pledged to battle unemployment by attracting outside investment in the debt-hit country.

“We have consolidated Greece’s position in Europe and now we are consolidating it on a global level,” Samaras told journalists after a meeting with Greek President Karolos Papoulias in Athens, adding that the government is working on investment-inducing measures to curb unemployment which he described as “the country’s biggest problem.”

Unemployment in Greece, which is in its sixth year of recession, reached a record 27 percent in February.

Samaras, who is the leader of Greece’s power-sharing administration, earlier informed Papoulias of his recent visits to China and Azerbaijan where opportunities for investment and privatization in Greece where investigated.

“Greece is making a dynamic return to where it belongs,” Samaras said ahead of the meeting Tuesday.

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