As unemployment rises in Greece, many mortgage holders can’t keep up with payments. For many Greeks that means losing their jobs means also losing their homes.
A recovery in the labor market has reduced poverty and improved social justice across the EU, according to the Bertelsmann Foundation. But the gap between northern and southern countries remains wide.
Greece's creditors have concluded a first round of fresh bailout inspections to assess reforms. Even if deadlines are met, a shattered economy and battered public trust will linger behind, says Anthee Carassava.
Unemployment in the eurozone remained unchanged in August underlining Europe's steady economic recovery. Youth unemployment nonetheless remains high in many countries.
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