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.

Share:

KEEP UP TO DATE WITH TGH

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

Latest News

Epiphany Blessing of the Waters and Greek Festival at Carss Park cancelled

The Blessing of the Waters and Epiphany Greek Festival scheduled to take place today at Carss Bush Park has been cancelled.

What happens to a lease in Greece when a landlord dies?

When a landlord passes away, their rights and obligations do not disappear. Instead, they are transferred to their heirs.

Australian and US Greeks drive international demand for The Ellinikon

Residential developments at The Ellinikon continue to attract strong international interest, with buyers coming from more than 110 countries.

Greek school opens in Tanzania, reviving language and culture

The newly established Greek school of the Greek community in Dar es Salaam, Tanzania, began operating this year.

Shoulder season travel to Europe gains ground among Australians

The annual stream of European summer holiday photos now seems to stretch well beyond the traditional peak.

You May Also Like

COVID-19 Australia-Cyprus Forum to compare responses to the pandemic

The Australian Alumni Association of Cyprus will present the COVID-19 Australia-Cyprus Forum with the Australian High Commission in Cyprus.

Australia’s oldest Greek Orthodox church reopens after major renovations

The Church of Aghia Triada in Surry Hills - the oldest Greek Orthodox church in Australia - has reopened after extensive restoration.

Giannis Antetokounmpo is being marketed to overtake LeBron James as the NBA’s most famous player

Antetokounmpo is so serious about basketball, he didn’t sound entirely thrilled about receiving the most fan votes (more than 5.9 million) among Eastern Conference...