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Greece after 5 years of belt tightening
The EU and its financial institutions have been pushing an austerity policy on Greece for the last five years. High unemployment, more taxes, billions of euros fleeing, and an increase in suicides mean Greeks on Sunday have to decide if enough is enough.
What happened?
In January, the left-wing Syriza party led by Prime Minister Alexis Tsipras promised to end years of austerity measures without leaving...
Greece unemployment rate jumps to 26 percent
Jobless Greeks wait outside an unemployment bureau in the capital Athens.
The official Greek unemployment rate has risen to 26 percent as the near-bankrupt eurozone country heads toward a sixth year of recession.
The Greek statistics office ELSTAT announced on Thursday that the jobless number rose to 1.295 million in September, pushing up the unemployment rate from 25.3 the previous month and 18.9...