ECONOMY

Greek unemployment rate remains above 25 percent

Greek unemployment rate remains above 25 percent

The scale of the economic pain inflicted upon Greece by years of recession and strict austerity was evident in official figures showing unemployment in the country stood at 25.6 percent in March.

Eurostat, the European Union's statistics agency, also said found that 49.7 percent of those aged between 15 and 24 were unemployed.

Though both rates are down from the peaks they hit a couple of years back, they do still show the scale of the economic retreat in the country. The ranks of the unemployed were major supporters of SYRIZA in its election victory earlier this year.

[AP]

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