Crisis: Greece; unemployment to rise above 26%, central bank

03 December, 17:32

(ANSAmed) - ATHENS, DECEMBER 3 - Greece's unemployment rate is expected to rise and ''surpass 26% in 2013 and 2014'', mostly due to a recession of the likes never before seen in peaceful eras, according to an outlook published in quarterly report of the country's central bank. ''Unemployment has risen exponentially, from 7.6% in 2011 to above 23.5% in mid-2012.

This increase is set to continue,'' said the central bank.

(ANSAmed).

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