Unemployment in Greece falls

Source: WBP Online
© Scanpix/Reuters
The unemployment rate in Greece declined in May, however, the long term outlook for unemployment in the highly indebted country remains bleak. In May, the unemployment rate fell to 25%, compared to 25.6% in April. Meanwhile, the youth unemployment rate remained above the 50% level. Meanwhile, the Greek government is in talks to strike a deal with its creditors for further bailout aid. 

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