Etiket arşivi: Aegean

Tensions Between NATO Allies Greece and Turkey

September 7, 2020

The following is from “OECD Economic Surveys, Greece” of July 2020:

“Greece has responded swiftly to the pandemic and has effectively limited infections, but the economy has been hit hard… Before the pandemic hit, the Greek economy had been expanding for over three years at just below 2% average annual growth…

“The COVID-19 shock risks exacerbating Greece’s long-standing labor market challenges. The employment rate has increased over the past six years but is still one of the lowest among OECD countries. Women and the young continue suffering from low employment rates. The lack of prospects has pushed many talented young people to emigrate, lowering the country’s entrepreneurial and innovation potential. Poverty and material deprivation, while improving, are high, especially among the young and families.”[i] Okumaya devam et