Tag: unemployment

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Greece to exit bailout but still in debt

EU INSTITUTIONS Theodoros Benakis - August 20, 2018

Greece’s nine-year debt crisis, which forced the implementation of painful austerity measures, is over. The country exits its third (and last) bailout on August...

Euro area unemployment drops to 8.3%

EU INSTITUTIONS Theodoros Benakis - August 1, 2018

The seasonally-adjusted unemployment rate in the euro area, which includes 19 European Union member states, was 8.3% in June 2018, stable compared with May...

Hungary needs workers

EU MEMBER STATES Theodoros Benakis - May 7, 2018

Hungary needs more hands to keep its economy booming. But filling vacancies is proving a tough job with ongoing massive emigration and a closed...

Why some EU members will lose cohesion funds

CZECH REPUBLIC Theodoros Benakis - April 24, 2018

European Union cohesion funding will be shifted away from Central and Eastern Europe to countries hit harder by the financial crisis, the Financial Times...

Excessive macroeconomic imbalances in Italy

EU INSTITUTIONS Theodoros Benakis - March 8, 2018

Italy is continuing to experience “excessive economic imbalances”, including “high public debt and protracted weak productivity growth in a context of high, though decreasing,...

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