Debt crisis: Youth unemployment in Greece hit 55.4pc in August

“Youth unemployment in Greece hit 55.4pc in August. In Spain, the rate is now 52.9pc.

Greece’s draft budget predicts that the economy will contract by 3.8pc next year and unemployment will rise, as public debt is expected to soar to close to 180pc of GDP next year.”

Source: Debt crisis: as it happened, October 1, 2012 – Telegraph

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