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Unions fiercely against layoffs in Greece

23 September 2011 / 13:09:39  GRReporter
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All these differences make a difference in the statistical calculation of the actual unemployment rate in Greece, which calculates at an average between 5 -6 percent. "If we consider that this year GDP decreased by 5 percent and if we predict that next year it will mark a further decline of about 2.5 percent more. According to these data, we expect unemployment rate to reach statistical 21 percent—in other words—in 2012 the real unemployment rate will reach 26 percent or even more than one million people," provides the scientific institute at one of the largest unions in Greece. 

In the overall gloomy picture of the Greek economy, in the country all are trying to retain their jobs and as a well-tested practice, adhere to the organized strikes and protests. At the same time, the government is trying to push through delayed reforms with dubious results, so it can receive the sixth dose of financial aid from the International Monetary Fund and the European Union, and many political analysts estimate that early parliamentary elections will follow after that. Winter 2011 will be full of hardships, say citizens. 

Tags: Greece economy crisis unemployment layoffs
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