Black People : Greek unemployment rises above 25 percent

Clyde C Coger Jr

going above and beyond
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In the Spirit of Sankofa,




... Is this it Family, the beginning of the fall of the Gentiles; ironically, where it all started:


Without the money, Greece won't be able to pay all its financial obligations and may end up defaulting on its debts and leaving the euro.
The cutbacks have triggered deep resentment among a population reeling under nearly three years of austerity. GSEE and other main unions have called a new general strike and demonstration next week.
"During a time when unemployment is strangling Greek society and the recession is at 7 percent, it is at least provocative that (bailout creditors are) focusing on further bleeding workers and pensioners," GSEE said in a statement.


Greek unemployment rises above 25 percent



Associated Press/Dimitri Messinis - High school children protest outside the finance ministry against state funding cuts to municipalities that have disrupted school bus services, in Athens on Thursday, Oct. 11, 2012. Greece's coalition government is struggling to meet demands by international rescue creditors for a massive new austerity cuts required for continued payment of emergency loans. (AP Photo/Dimitri Messinis)

ATHENS, Greece (AP) — Unemployment in Greece hit a record high of 25.1 percent in July as the country's financial crisis continues to exact its heavy toll, official figures showed Thursday.
All indications are that unemployment in Greece will continue to rise. The economy has shrunk by around a fifth since the recession started in 2008 and youth unemployment has pushed way above 50 percent. The economy is expected to enter a sixth year of recession next year.
"This is a very dramatic result of the recession," said Angelos Tsakanikas, head of research at Greece's IOBE economic research foundation.
http://news.yahoo.com/greek-unemployment-rises-above-25-percent-093622765--finance.html

Peace In,




 

Shikamaru

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Biggest lesson of my life: You don't stay in an economically depressed area. Go. Leave.

Go to where there is opportunity.
 

dunwiddat

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Sep 17, 2012
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In the Spirit of Sankofa,




... Is this it Family, the beginning of the fall of the Gentiles; ironically, where it all started:





Greek unemployment rises above 25 percent



Associated Press/Dimitri Messinis - High school children protest outside the finance ministry against state funding cuts to municipalities that have disrupted school bus services, in Athens on Thursday, Oct. 11, 2012. Greece's coalition government is struggling to meet demands by international rescue creditors for a massive new austerity cuts required for continued payment of emergency loans. (AP Photo/Dimitri Messinis)

ATHENS, Greece (AP) — Unemployment in Greece hit a record high of 25.1 percent in July as the country's financial crisis continues to exact its heavy toll, official figures showed Thursday.
All indications are that unemployment in Greece will continue to rise. The economy has shrunk by around a fifth since the recession started in 2008 and youth unemployment has pushed way above 50 percent. The economy is expected to enter a sixth year of recession next year.
"This is a very dramatic result of the recession," said Angelos Tsakanikas, head of research at Greece's IOBE economic research foundation.
http://news.yahoo.com/greek-unemployment-rises-above-25-percent-093622765--finance.html

Peace In,


As the economic depression begins to bite harder in Europe, you will find that there will be a resurgence in neo-nazi and white supremacist groups.
 

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