Categories: Fundamental Analysis

Greek Unemployment slightly decreases in October

The unemployment for October – 25.8% – has slightly deceased compared to September’s numbers – 25.7%. The expected rate was at 25.4%. All this numbers mean just one thing – Greece is going in the right direction but at a very slow pace.

Compared to the average unemployment rate of 11,5% in the Euro-zone this is more than double. Greeks have an important decision to make at the upcoming elections during February.

Image source: chinapost.eu, forexlive.com

Vladimir Ribakov

Following 11+ years of trading experience, trading my own accounts as well as for hedge funds and brokerages, I have decided to fulfill my destiny and to personally mentor Forex and Commodities traders. When I released the “Broker Nightmare” (software that hides trades from brokers) 8 years ago, I found an overwhelming number of frustrated people who genuinely wanted to learn how to trade the Forex market, but instead found themselves scammed and misled. Over the years I have also release other trading systems based on my trading strategies, and met a lot of people on my worldwide Forex seminars. We’ve formed a close Forex community and we meet once or twice a year in various locations in Europe.