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

St Spyridon Church welcomes Metropolitan Irinaios of Florina during Australia visit

As part of his visit to Australia, Metropolitan Irinaios of Florina, Prespes and Eordaia was welcomed at St Spyridon Greek Orthodox Church.

Beloved South Melbourne FC figure Filio Valkanis passes away

The football community is mourning the passing of Filio Valkanis, a cherished and long-time supporter and Life Member of South Melbourne FC.

Greek water polo team defeat Italy to reach European Championship semi-finals

Greece’s men’s national water polo team booked a place in the European Championship semi-finals for just the third time in its history.

Peter Koulizos says $1m median homes reflect typical Australian property

Three more capitals, Brisbane, Canberra, and Melbourne, are expected to join Sydney in the “million-dollar” housing club in 2026.

Author Natalie Kyriacou on nature, storytelling and a world in crisis

Greek Cypriot–Australian author and environmental advocate Natalie Kyriacou has released her debut non-fiction book.

You May Also Like

Why do 550.000 Australian citizens of Greek origin live in an earthly paradise?

Australia is a country of immigrants, western, multicultural, English-speaking, developed as a British colony.

Sam Cocokios: Inspirational captain leading next generation of Cronulla Sharks Water Polo

“I've been in this club for more than ten years and the club has given me so much," Sam Cocokios said to The Greek Herald.

‘Top priority’ for Greece to include Nikopolis on UNESCO World Heritage Site list

The submission of the candidacy of Nikopolis in the UNESCO World Heritage is ready, revealed the Minister of Culture Lina Mendoni.