2. GREEK-WORLD ECONOMIC CRISIS AND UNEMPLOYMENT CHARALAMPOUS ANNA PATSALOS DEMETRIS TATSI VASILIKI

3.  The crisis has created enormous problems in the country.  Many loans after 1974 →Consequently swelling debt 1993-1999 smooth path →Reduce debt →Deficit falls below 3% 2004: revelation concealment loans and review debt 2008: global crisis helps to increase Greek debt and deficit 2010: Greece fails to improve its position in international markets → reliance on support mechanism By 2008 high rates of growth, in 2004 Greece found in 29 most developed countries of the world

4. The global community faces an intensive economic crisis → first appearance in United States Immediate reaction to measures → improve liquidity → mobilization of investment → retention of employment

5. Crisis moves to a zero or negative rate of growth for the world economy except → China → India → New industrialized countries The economic crisis is causing a dramatic impact on social life Actual problems of crisis → Rising interest rates → Difficult borrowing → Rising prices in commodities-Fuels

6. Economic crisis in Greece →increase unemployment

7. The problem is magnified in 1981. The government held an extensive lending: →support for private enterprises →combating unemployment

8. 1999 FAILURE → privatization → business closures → resulted in increases unemployment

9. Today the Unemployment: → highest level →26,7%. Unemployment → young people → 56.8%. Results: → massive migration of young

10. Economic consequences of unemployment: → subsidization → loss of productive forces Social consequences of unemployment: → families leads to hopelessness and despair

11. Positive effects of unemployment :  Offer to society through volunteering  Makes new acquaintances → maybe a new job → good for the CV  Deal with free activities, with lessons that will improve the skills

12. Negative effects of unemployment :  growing on winter in the construction industry and tourism  individual and psychological problems  social problems  strikes, riots and political violence  the middle might not retire

13. Countermeasures and future prospects :  The private and public investment  the attracting foreign capital and establishing industries  better employment opportunities  fund those who want to relocate to the county  The unemployment should influence the choice of the new profession  should create equal advancement opportunities to all young people  must improve quality and quantity of education  Modern Greeks should change the mentality

14. THANK YOU!!