Greek unemployment reaches 23%

Greece's unemployment rate in May rose to 23.1 per cent from 22

Greece's unemployment rate in May rose to 23.1 per cent from 22.6 per cent in the previous month, according to the Athens-based Hellenic Statistical Authority today.

A spokesman for the European Commission said it considers unemployment in Greece a matter of "deep concern".

"Unprecedented" levels of unemployment, and especially of youth unemployment, are an issue that Greek authorities and the so-called troika of international lenders must address, the spokesman told reporters in Brussels today.

Industrial production rose 0.3 per cent in June from the same month a year ago compared with a 2.9 per cent drop in May, according to a separate statement.

Bloomberg