Image default
GREEK NEWS

Greece and Cyprus Record EU’s Largest Quarterly Employment Increase

According to the latest data collected by Eurostat, the nations of Cyprus and Greece recorded the largest increase in employment in the entirety of the EU during the second quarter of 2019.

More specifically, Cyprus recorded a 0.7 percent increase in employment on a quarterly basis between the first and the second quarter of this year, and a three percent increase compared to the same period in 2018.

Greece documented the same quarterly increase as Cyprus, and a two percent augmentation of its overall employment on a yearly basis.

Of course, unemployment in Greece still remains the highest anywhere in the EU, despite the steep decline seen in the last few years.

The EU member states experiencing the largest percentage in GDP growth rate include Hungary, with 1.1 percent, and Romania, with 1.0 percent, while Bulgaria, Denmark, Greece, Cyprus, Lithuania and Poland all recorded a growth rate of 0.7 percent.

At the same time, the UK, with a -0.2 percent drop, along with Germany and Sweden, both experiencing a decline of -0.1 percent, recorded the only negative growth in GDP in the European Union.

Related posts

Greek Soldier’s Remains Return Home from Cyprus After 46 Years

banksnews

One in Two Greeks Cannot Afford Even One Week of Vacation

banksnews

Eleven Greek Researchers Among Most Influential in 2020

banksnews

Greek PM Mitsotakis Sees Strong Rebound in Tourism in 2021

banksnews

5+1 Reasons to Visit Thessaloniki This Summer

banksnews

Study Reveals Most Greek Children Use Social Media Without Any Parental Control

banksnews

Firefighters Battle Huge Fire on Greece’s Evia for Second Day

banksnews

Greek Cafes, Restaurants Reopen for Business on Monday

banksnews

Russia’s Lavrov Defends Right to 12-Mile Extension on Territorial Waters, Calls for “Direct Dialogue”

banksnews