How Greece slashed its unemployment rate

13/12/2023 12 min Episodio 890
How Greece slashed its unemployment rate

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Episode Synopsis

One of the key figures that captured the hardship of the decade-long economic crisis in Greece was the unemployment rate, which peaked at 28 percent in the summer of 2013. Today, the latest statistics show that Greece’s unemployment rate has fallen below 10 percent for the first time since the onset of the crisis. Yiannis Mouzakis, the co-founder and editor of Macropolis.gr, a political and economic analysis site that focuses on Greece, joins Thanos Davelis to break down how Greece brought down its unemployment rate, and how it can keep this momentum going. Read Yiannis Mouzakis latest analysis here: How Greece reduced its unemployment rate to less than 10 pctYou can read the articles we discuss on our podcast here:US hits Turkish and Chinese companies over Russia tradeIsrael says it helped foil Iranian-ordered attack on Israelis in Cyprus