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July 12th, 2012 
FAKE NEWS for the Zionist agenda According to Greece’s statistics service, ELSTAT, the jobless rate in the debt-ridden country reached 22.5 percent in April, up from 21.9 percent in March, and 16.2 percent in April 2011.
Experts have warned that even Greece’s key tourism sector is unlikely to provide support for the recession-hit country.
Unemployment in the country is twice the average for the 17-member eurozone, which stood at 11.1 percent in May.
The jobless rate in Greece is also approaching that of Spain, which hit 24.4 percent in the first quarter of the current year.
This comes as Greece’s pensioners have held a demonstration in Athens, marching towards the Health Ministry, over reduced pension rates. The demonstrators say the pension rates have been so drastically cut that they cannot survive.
Greece has been at the epicenter of the eurozone debt crisis and is experiencing its fifth year of recession because of the government-introduced harsh austerity measures.
The measures have left over a million people without jobs over the past years while Athens has continuously struggled to meet the fiscal targets in its rescue loan agreements.
The country has been the scene of numerous nationwide strikes and protests by the sacked workers, low-income workers and the students who have suffered the most as a result of the awful economic situation of the cash-stripped country.
TNP/SS/IS
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