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

Greece leads athlete parade along Seine at Paris Olympics’ historic opening ceremony

The Greek Olympic team led the athlete parade along the Seine River during the Paris Olympic Games opening ceremony on Friday, July 26.

Grateful organ recipient Dimitri Tsekinis shares story of survival for DonateLife Week

A lifeline was handed not once but twice to 43-year-old Dimitri Tsekinis when he was the recipient of two organs.

2024 Odyssey Art Prize: GOCSA announces open call for visual artists

The Greek Orthodox Community of South Australia’s Odyssey Festival celebrates 17 years of presence in Adelaide's cultural scene this year.

Dr Phil Kafcaloudes to explore ‘going English’ in lecture on Greek migration

"In a name-proud Greek culture, the decision to anglicise one’s family name is a profound study in migratory and cultural dynamics," says Dr Kafcaloudes.

Peter Kiritsis sells million-dollar Adelaide home as grandfather gifts it to grandkids

An Adelaide grandfather has set a new standard for grandparent gifts by purchasing a 1960s-built home for his grandchildren at auction.

You May Also Like

Turkey’s President repeats call for ‘two-state solution’ to Cyprus problem

Turkey's President Recep Tayyip Erdogan continues to repeat calls for a 'two-state solution' to the Cyprus problem.

Ange Postecoglou leads Celtic FC to Scottish League Cup victory

Ange Postecoglou has led Celtic FC to its third trophy with a 2-1 victory over Rangers in the Scottish League Cup final on Sunday.

Last Greek survivor of WWII Constantine Chatzilakos passes away aged 102

The last Greek survivor of World War II, Air Marshal (ret.) Constantine Chatzilakos, passed away on Monday aged 102.