Monday May 25, 2015 Search
Weather | Athens
14o C
09o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Greece’s jobless rate rises to 26.8 pct in March

Greece's unemployment rate rose to 26.8 percent in March, compared to 26.7 the previous month and 22.2 percent in March 2012, official data showed Thursday.

Figures published by the Hellenic Statistical Authority (ELSTAT) showed that the unemployed increased by 215,735 persons (a 19.7 percent rate of increase) over March 2012 and by 4,626 persons over February 2013 (a 0.4 percent rate of increase).

Meanwhile, the number of employed decreased by 245,949 persons vis-a-vis March 2012 (a 6.4 percent rate of decrease) and by 6,697 persons versus February 2013 (a 0.2 rate of decrease).

ELSTAT said that the number of inactive persons – that is, persons that neither worked neither looked for a job – decreased by 23,661 persons (a 0.7 percent rate of increase) compared with March 2012 and by 9,074 persons compared with February 2013 (a 0.3 percent rate of increase).

The gloomy unemployment figures were published a day after the International Monetary Fund (IMF) admitted that it made mistakes in handling Greece's first international bailout.

In a report leaked to the press on Wednesday, the Washington-based organization said it was too optimistic in its growth assumptions and said a debt restructuring should have been considered earlier.

"It is very positive to learn from our mistakes," Greek Finance Minister Yannis Stournaras said of the IMF admission, according to reports Thursday.

ekathimerini.com , Thursday June 6, 2013 (12:16)  
Michelis appointed as bank bailout fund chair
Greece´s Jumbo reports 7 pct increase in profits
Chinese construction giant in talks for Balkan expansion
ATHEX: Trading hits record-low as index dips 3 pct
Driver accused of killing 45-year-old arrested
A 21-year-old accused of ramming two men with his car – killing one, aged 45, and injuring the other, 31 – appeared before an Athens prosecutor on Monday. The incident, which took place in t...
Asylum service hit by overhaul
The bureau in Attica responsible for processing asylum applications will not be able to operate properly over the coming days due to staff shortages, authorities said Monday. Officials said ...
Inside News
SOCCER
Berg brace gives Panathinaikos four-point lead
Panathinaikos beat Atromitos on Sunday and took advantage of the goalless draw between PAOK and Asteras Tripolis to open a four-point gap from PAOK at the top of the Super League play-off mi...
SOCCER
Reds add Cup to league trophy with 3-1 win over Xanthi
Olympiakos completed a league-and-cup double on Saturday by beating Xanthi 3-1 in the Greek Cup final at the Olympic Stadium of Athens, that was more balanced than the final score suggests. ...
Inside Sports
Greece needs a second election
Most scenarios facing Greece are bleak. The country could default, introduce capital controls, forcibly convert savers’ deposits into bank capital, quit the euro and so forth. But there is s...
COMMENTARY
No more ´quick and dirty´ fixes for Greece
International Monetary Fund Managing Director Christine Lagarde correctly said last week that the protracted negotiations between Greece and its official creditors required «a comprehensive ...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Driver accused of killing 45-year-old arrested
2. Asylum service hit by overhaul
3. SYRIZA´s Left Platform makes gains but proposal voted down
4. Former lifeguard arrested for shooting photos, videos of naked children on Vouliagmeni Beach
5. Government tension over defense minister´s Karpathos base proposal
6. Missing minors located through Cyber Alert unit
more news
Today
This Week
1. No more 'quick and dirty' fixes for Greece
2. ND's Bakoyannis fears capital controls over long weekend
3. Greece calls on creditors to compromise as IMF payment nears
4. Brussels Group talks to resume Tuesday with VAT, pension topping agenda
5. Tourist dies in rockfall on beach in Crete
6. Greece needs a second election
Today
This Week
1. The Greek-German breakthrough that didn’t come
2. Conspiracy madness
3. Greece came close to not paying IMF
4. National self-awareness put to the test
5. Albanian demarche raises concerns about possible territorial claims over Greece
6. Why Greece won't hold referendum on reforms
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2015, H KAΘHMEPINH All Rights Reserved.