More than 1000 young people a day are joining the ranks of Europe's unemployed. In the past four years the army of jobless people across the continent has grown by more than 10 million.
In Greece, despite the government's claim that austerity has been a success, the 2014 budget imposes new public spending cuts and more job losses. The economic and humanitarian catastrophe is unprecedented in peacetime: 27% unemployment, 60% youth unemployment, a 25% shrinking of GDP, 40% reduction in family income. And, even after relentless pain, the debt-to-GDP ratio is almost 180%. It was only 120% in 2010 when the first austerity measures were imposed.
Recent comments
3 days 14 hours ago
5 days 2 hours ago
1 week 1 day ago
1 week 3 days ago
2 weeks 4 days ago
2 weeks 4 days ago
2 weeks 4 days ago
2 weeks 5 days ago
3 weeks 2 days ago
3 weeks 2 days ago