21 January, 2004
Unemployment will decline gradually in Greece over the next two years, the Commission monitoring implementation of a Third Community Support Framework program forecast on Tuesday. Its forecasts, based on the outlook of both the Greek and international economies, called for an unemployment rate of 7.17 percent by 2006 from an 8.9 percent currently.
The Commission also forecast that the Western Macedonia and Central Greece regions would maintain high unemployment rates by 2006 (11.0 percent and 11.4 percent, respectively). Other Greek regions are forecast to record unemployment rates of 8.9 percent (Attica), 8.5 percent (Central Macedonia), 8.9 percent (Epirus), 3.0 percent (Crete), 6.3 percent (North Aegean), 4.9 percent (South Aegean), 8.0 percent (Western Greece), 5.6 percent (Thessaly), 4.5 percent (Peloponnese) and 3.7 percent (Ionian Islands). Source: Athens News Agency
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