Nationwide Strike Grips Greece: 24 Hours of Transport Paralysis
A nationwide strike in Greece has brought the country's transport networks to a standstill, affecting railways, ferries, buses, taxis, and more
Unemployment in Greece hit a record 25.1% in July, with the level among young people reaching 54.2%, according to the latest official figures.
Greece's statistical authority said 1.26 million Greeks were jobless in July, with more than 1,000 jobs lost every day over the past year.
With austerity cuts continuing and Greece likely to enter another year of recession, the level may rise further.
The worst-affected 15-24 age group, however, includes those in education.
According to Greece's statistics agency the total unemployment rate rose from 24.8% in June. In July 2008, a year before Greece's financial crisis broke, there were about 364,000 registered unemployed.
The figures emerged just as Greece's largest company Coca Cola Hellenic announced it is about to move its headquarters to Switzerland and list its shares in London.
Analysts are unanimous that this is very bad news for the economy and bourse of Greece, which is struggling with its fifth year of recession.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
Ukraine's Prime Minister, Denys Shmyhal, issued a stark warning, stating that a third world war would erupt if Russia emerged victorious in the ongoing conflict
In a widely expected outcome, Croatia's ruling conservative party, the Croatian Democratic Union (HDZ), emerged victorious in the parliamentary elections
Republican Congressman Mike Johnson from Louisiana has made a significant pivot in his stance on foreign aid, potentially swaying conservative opinion in favor of supporting aid to Ukraine
German authorities have apprehended two individuals holding dual German and Russian citizenship on suspicion of orchestrating acts of sabotage, including targeting United States military installations, to undermine military support for Ukraine.
Indonesia is grappling with a mounting crisis as rescue teams mobilize to evacuate thousands of people following a series of volcanic eruptions that have rattled the region
In a rare and highly anticipated move, Pavel Durov, the enigmatic owner and founder of the social platform Telegram, has emerged from years of relative seclusion to grant his first interview in a decade
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022