Greek PM: Unemployment drop in 2019 – 2022 greatest in the EU

·

During an address to Greek Parliament on Wednesday, Greek Prime Minister Kyriakos Mitsotakis told MPs that Greece has achieved the greatest drop in unemployment in the European Union, Ekathimerini reports.

The statement was made during a debate on the government’s new jobs bill.

“Despite great obstacles, data shows that our efforts are paying off: from the summer of 2019 to February 2022, unemployment dropped from 17.2% to 12.8%,” Mitsotakis said.

“It’s the greatest drop in Europe, and means that over 200,000 new jobs were created and we surpassed the threshold of 4 million employed.”

The Greek PM noted however that the improvement in the job figures was not a cause for celebration, as Greece continues to have the second highest unemployment rate in Europe after Spain, “and a chronic problem of low wages.”

The government’s pledge to increase the minimum wage for a second time this year will take effect on May 1.

Source: Ekathimerini.

Advertisement

Share:

KEEP UP TO DATE WITH TGH

By subscribing you accept our Terms of Service and Privacy Policy.

Advertisement

Latest News

From Metallica to Maritime: The many lives of Greek shipping tycoon Harry Vafias

Though Greek shipping tycoon, Harry Vafias, spends much time working, it certainly isn't a case of 'all work and no play.’

‘I want them to know their word matters’: Peter Georgiou stands against gender violence

Peter Georgiou, a real estate agent from Rushcutters Bay and father of four-year-old twins Leila and Lola, believes change begins at home.

Thessaloniki’s Byzantine walls to shine with new light project

Thessaloniki’s iconic Byzantine Walls are set to be illuminated under a major cultural initiative announced by the Greek Ministry of Culture.

Greek World Heritage Cities face rising climate threats

Iconic Greek cities—Athens, Thessaloniki, Corfu, Rhodes, and Patmos—face serious climate threats, according to a new UNESCO-backed report.

Are apps like Duolingo enough to learn Greek, or do we need a tutor?

For many people who want to learn conversational Greek, an app, can be a very useful addition to your program.

You May Also Like

North Macedonia and Albania strengthen relations as they pursue joining EU

During the Albanian Prime Minister’s visit, the two countries signed cooperation deals on energy and infrastructure projects.

Drakopoulos’ restaurant group offers $5000 sign-on bonus to hospitality staff

Drakopoulos' Sydney Restaurant Group is offering a $5000 sign-on bonus to all new team members, from dishwashers to managers.

Germany’s President asks for ‘forgiveness’ during visit to Cretan village razed by Nazis

German President Frank-Walter Steinmeier on Thursday sought "forgiveness" for crimes committed by Nazis during a visit to a Cretan village.