Greece unemployment hits highest rate in European Union

The Greek government is continuing with major
spending cuts which are affecting the economy

The latest unemployment rate for Greece has risen to 26.8%, the highest figure recorded in the European Union (EU).

The official Greek data for October sees Greece overtake Spain as the country with the highest unemployment rate in Europe.

The Greek economy remains mired in recession and the government is in the process of imposing significant austerity measures.

Athens is cutting spending to meet the terms of its financial bailouts.