Greece recession pain eases but 1.3m remain jobless

(1 hr 49 mins ago) The Greek economy shrank by 4.6 percent in the second quarter of the year, in an improvement from contraction of 5.6 percent in the first quarter. This first estimate from the statistics authority comes in the sixth year of recession since the country was overwhelmed by a debt crisis. But last week the jobless rate climbed to 27.6 percent of the workforce in May from 23.8 ...

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