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More than 1 in 4 Greeks are still out of work

A man sells fennel outside a central food market in Athens.
AP Photo/Yorgos Karahalis
Not a great market, whether you’re selling fennel or looking for work.
By Melvin Backman
Published Last updated This article is more than 2 years old.

Amid the rancor over its debt restructuring efforts, it is important to remember just how bad things are in Greece.

The government today (April 9) will make a €458 million euros ($496 million) interest payment to the International Monetary Fund, or so it has assured IMF chair Christine Lagarde. Greece also reported its January unemployment rate, which stands at 25.7%. That’s a slight decrease from December, but the 31st consecutive month that the figure has been higher than 25%.

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