Greek unemployment continues to rise in February

New statistics reveal that Greek unemployment has risen further, to 27 per cent in February, an all time high. Some may recognise that statisticians have reported a higher unemployment rate for Greece in the past, of 27.2 in January. However that number has now seen revisions down to 26.7 per cent.

Youth unemployment rose to nearly two-thirds at 64.2 per cent. The number employed fell by 270,766 versus the same month last year, and by 28,650 against the previous month.