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Greek unemployment hits a fresh record
Against a backdrop of tough austerity measures imposed under its international bailout, Greece's jobless rate has almost tripled since the country's debt crisis emerged in 2009. Unemployment in January stood at 27.2pc, up from a revised 25.7pc in December, Greece's statistics service Elstat said on Thursday. Youth unemployment - among those aged between 15 and 24 - edged further towards the 60pc mark, rising to 59.3pc in January, up from 51pc in the same month in 2012. Joblessness has trickled steadily higher in Greece as tax rises and spending cuts demanded by its creditors take their toll on the embattled country. ... (full story)
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