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Greek unemployment rises above 25 percent

Athens, Greece (AP) -- the Greek unemployment reached a record high, as the country's financial crisis continue to cause a heavy price, official figures showed that 25.1% in July.
All the signs are that, in the Greek unemployment will continue to rise. The economy has shrunk about one 5, since the recession began in 2008, youth unemployment push far more than 50%. Economy next year is expected to enter the sixth years of economic recession.
"This is a very dramatic results, recession, in Greece IOBE economic research, on the basis of the study said:" AnYe lowes Tsakanikas.
National statistics agency says, Greece's unemployment rate from 24.8% in June. According to the European statisticians, this will be Spain's August the same speed.
Between the two countries using the euro 17 the highest unemployment rate. In August, the euro zone's unemployment rate 11.4% on average, itself launched in 1999 the highest level since the single currency.
The Greek statistics agency said, 1.26 million greeks July, more than 1000 jobs, lost in the past year of each day's work. In the worst-hit 15 to 24 years old age group unemployment rate is 54.2%. In July 2008, a year ago Greek serious financial crisis, has registration unemployment population of about 364000.
The country's main GSEE union says, the real unemployment growth of more than 30%, this is blamed on "violence" governments to cut back on.
After their failure to enter the international money market and nearly mountain of debt default its reserved international aid, Greece since May 2010.
But, solvency is a cruel price: to ensure that continue to accept loans, Athens implemented strict austerity measures to cut income and many times to increase taxes, trying to get its public financial order.
At present the conservative party leadership of the government is in with the country's creditors negotiations, the other a raft, worth $1.35 billion ($74 billion) in the next two years of austerity measures, and therefore, can attain the next batch of relief fund. Greece must meet certain periodic condition to eligible notes.
No money, Greek for "would be able to pay for its financial responsibility, could eventually arrears of its debt and exit the euro.
Cuts population teeter nearly three years of deflation caused strong dissatisfaction. GSEE and other major union called for a new general strike next week and demonstrations.
GSEE said in a statement: "in, unemployment stifle Greece social and economic decline 7%, this is at least provocation (rescue creditors) focuses on to bleed again workers and retirees,".
The financial secretary, yanni Stournaras, held talks Thursday night, and the European Union, the international monetary fund and the European central bank - the so-called troika representative. The government is still hope in Brussels next week at the eu summit reached an agreement before, officials said.
"Troika" sign bag release funds.
Late at night, after the meeting, senior government officials say, the agreement of the tightening scheme is still not clear whether can achieve the before October 18 to 19 European countries government summit held in Brussels.
The official said, another key point is how to pay for the cost of the Greek request an extension of the two years of financial adjustment plan by the end of 2016, estimated at ?1.2 billion euros ($155 billion) of the price tag.
The officials do not want to give his name, because the ongoing negotiations.
Some of the evidence appears on Thursday, the government's strategy is, at least in one respect. The ministry of finance data show that the destruction of the deficit to the orbit, although less than the expected income.
The ministry said, January - September trade deficit for 12.64 billion euros, less than 13.5 billion goal. Although income is $1.3 billion miss the euro, expenditure for 2.2 billion euros below budget.
Three parties in Greece's ruling coalition extended for two years, the IMF chief raja DE (Christine Lagarde) said Thursday, she also support this view.




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