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Greece’s unemployment rate reached a record high of 28 percent in November 2013

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Greece’s unemployment rate reached a record high of 28% in November 2013, according to newly released government figures. The jobless rate increased from 27.7% in the previous month. For those under the age of 25, unemployment hit 61.4%. Harsh austerity measures have led the Greek economy to shrink by a quarter in four years. However, other economic indicators have suggested that there are signs...

Latest official figures show that unemployment in Greece hit a record 25.1 percent in July

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...uly, with more than 1,000 jobs lost every day over the past year. With austerity cuts continuing and Greece likely to enter another year of recession, the level may rise further. The worst-affected 15-24 age group, however, includes those in education. According to Greece’s statistics agency the total unemployment rate rose from 24.8% in June. In July 2008, a year before Greece’s finan...

Greek governing coalition agreement comes the day after 50,000 anti-austerity protesters took to the streets of Athens

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Greece’s finance minister Yannis Stournaras says the three parties in the country’s governing coalition have reached a “basic agreement” on the austerity package for 2013-14. The measures are likely to be presented to Greece’s international lenders on Monday before going before parliament. The cuts are necessary if Greece is to continue receiving bailout funds. Earlier, Gr...

German government has criticized leading conservative politician Alexander Dobrindt for suggesting that Greece will have to leave the eurozone

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...rt on Greece’s finances, due in late September. It will be delivered by the troika supervising Greece’s fulfillment of the bailout conditions – the ECB, International Monetary Fund (IMF) and European Commission. Greece’s continued access to the bailout lifeline depends on a favorable report from the troika. Athens is trying to finalize a package of 11.5 billion euros of spe...

World markets are down as Greece's continuing political uncertainty undermines confidence

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World markets are down as Greece’s continuing political uncertainty undermines confidence. Greece failed to form a coalition government through talks on Sunday and will continue discussions with political leaders on Monday evening. Bank shares are worst hit, particularly in Spain and France, with Madrid’s IBEX index down 3% and the CAC down 2.7%. The Dow Jones has opened 1% lower whil...

Greek trade unions have begun the first general strike since the country's conservative-led coalition government came to power in June

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...ster Antonis Samaras is also proposing to slash pensions and raise the retirement age to 67. Workers from a diverse range of sectors are taking part in the strike, from doctors to air traffic controllers. It was called by the country’s two biggest unions, which between them represent half the workforce. A survey conducted by the MRB polling agency last week found that more than 90% of Greeks...

Eighteen people have been charged with stealing at least $200 million in a credit card fraud ring, possibly one of the largest in US history

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...at people can steal credit card information is by creating a fraudulent site that looks trustworthy. From there, victims are lured to the site to enter credit card information. For example, you might be fooled into buying a product from the site and use your credit card. When making purchases online, always make sure that a site has the secure image (a padlock) before the address on the address ba...

Facebook shares have fallen in early trading on Wall Street to below the price at which they were floated

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Facebook shares have fallen in early trading on Wall Street to below the price at which they were floated. Despite the wider market in buoyant mood, Facebook slid 12% immediately at the opening bell and were still 11% down at $33.92 more than one hour into the trading day. Facebook’s flotation on Friday at $38 a share was delayed by technical problems on the NASDAQ stock exchange. NASDAQ bo...

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Facebook is rapidly becoming the go-to place for Internet marketers who want to be creative with their advertising.   You can use Facebook in a lot of ways but one of the best (especially in terms of site traffic) is to run your own popular and successful fan page. One of the key areas you need to focus on here is the kind of posts you write for your page that you update for your fans. Keep...

Facebook’s Camera photo sharing app offers users similar tools to Instagram which the social network is in the process of taking over

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...in mind that it is buying a unique social network with a specific demographic. “By doing this Facebook allows Instagram to remain intact while adopting some of its features to ensure its core service maintains its lead as the internet’s most used photo sharing site.” At present Camera only works on Apple’s smartphones and tablets. A news release from Facebook did not menti...

Martin O’Kane is pictured with a string of good-looking girls, often with drink in hand

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Julia Cross’ attempt to use Twitter and Facebook to find the mysterious stranger with whom she enjoyed a brief but perfect flirtation beneath the Mediterranean stars ended in disappointment. Julia Cross, 33, finally found her Prince Charming Martin, but he came forward to say: “Sorry, but I’ve got a girlfriend!” It seems that PR consultant Julia Cross from UK might just have had a lucky escape, a...

Facebook revealed it received 9,000-10,000 requests for user data from US government entities in the second half of 2012

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Facebook revealed today that it received 9,000-10,000 requests for user data from US government entities in the second half of 2012. The social-network said the requests, relating to between 18,000 and 19,000 accounts, covered issues from local crime to national security. Microsoft meanwhile said it received 6,000 and 7,000 requests for data from between 31,000 and 32,000 accounts. Leaks by forme...

Paul Ceglia is accused of fabricating and destroying evidence in a lawsuit asking for half-ownership of Facebook

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...the entrepreneur had been chasing a “quick payday based on a blatant forgery”. In 2003, Facebook founder Mark Zuckerberg, then a Harvard University student, agreed to do programming work for Paul Ceglia and his fax business, say prosecutors. Paul Ceglia is accused of fabricating and destroying evidence in a lawsuit asking for half-ownership of Facebook Paul Ceglia later filed his law...

GCHQ has monitored in real-time YouTube video views, Facebook "likes" and Blogger visits

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...rd Snowden leaks, the UK intelligence agency , GCHQ, has monitored in real-time YouTube video views, Facebook “likes” and Blogger visits. Details of an alleged GCHQ program codenamed Squeaky Dolphin have been published by NBC News. It reports that the agency showed off its abilities to the National Security Agency (NSA) in 2012. Facebook has since started encrypting its data, but Googl...

The European launch of HTC First, aka Facebook smartphone, has been delayed following disappointing US sales and negative feedback

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The European launch of HTC First, aka Facebook smartphone, has been delayed following disappointing US sales and negative feedback. The HTC handset runs Facebook’s enhanced Home software, designed to be more integrated into the smartphone than a normal app. First’s delay follows a raft of high-profile employee departures from HTC. In recent months, chief product officer Kouji Koudera, Asian...

A new survey has revealed that the photo-sharing blogging platform Tumblr is more popular with 13-to-25-year-old than Facebook

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...revealed that the photo-sharing blogging platform Tumblr is more popular with 13-to-25-year-old than Facebook. Garry Tan of Y Combinator found 59% of those polled responded that they were regular users of Tumblr, compared with 54% who regularly used Facebook. “Marketers are definitely looking to other social networks beyond Facebook,” a spokesman for research firm eMarketer told the New York Post...

Instagram has updated its privacy policy giving it the right to sell users' photos to advertisers without notification

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Instagram, Facebook’s photo-sharing website, has updated its privacy policy giving it the right to sell users’ photos to advertisers without notification. Unless users delete their Instagram accounts by a deadline of January 16th, they cannot opt out. The changes also mean Instagram can share information about its users with Facebook, its parent company, as well as other affiliates an...

A 1972 image of a Playboy centrefold has been shrunk down to the width of a human hair by scientists in Singapore

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One of the persons travelling on a stolen passport on missing Malaysia Airlines jet was a young Iranian who is not believed to have terrorist links

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One of the persons travelling on a stolen passport on missing Malaysia Airlines jet was a young Iranian who is not believed to have terrorist links, Malaysian police say. Police say the 19-year-old – named as Pouria Nour Mohammad Mehrdad – was probably migrating to Germany. Investigations are continuing into a second man using stolen documents. Malaysia Airlines Flight MH370 from Kual...

The Blue Bottle by Fernand Leger was found in the estate of a German art dealer

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Greek main parties have suffered dramatic losses in the parliamentary election, according to exit polls

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...and if still unsuccessful, the third party will receive the mandate. If still no coalition emerges, Greece will go to another election – a prospect which would alarm Greece’s international creditors. The ability of any new government to carry on with the austerity programme will be crucial for Greece’s continued access to bailout funds from the EU, the European Central Bank and...

Right-wing New Democracy and left-wing Syriza parties are almost neck-and-neck after Greek parliamentary elections, according to the first exit polls

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...13 and 21 seats. Sunday’s vote is being watched around the world, amid fears that a Greek exit from the euro could spread contagion to other eurozone members and send turmoil throughout the global economy. Tough austerity measures were attached to the two international bailouts awarded to Greece, an initial package worth 110 billion Euros ($138 billion) in 2010, then a follow-up last year wo...

Queen Elizabeth II, one of the most travelled monarchs ever, has been to 116 countries on official state visits as Queen, but not Greece

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...e most travelled monarchs ever, has been to 116 countries on official state visits as Queen, but not Greece. Queen Elizabeth II has travelled from the tiny island nation of Tuvalu in the Pacific, to Russia, China, Chile, Ghana, Australia and almost everywhere in between. So it may seem surprising that the Queen has never made the relatively short hop over to the birthplace of her husband, Prince P...

European stock markets had a shaky start on Friday as concern continued over Greece and Spain

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...loans that have gone bad at Spanish banks hit a record 8.37% in March. That was according to figures from the Bank of Spain on Friday. European stock markets had a shaky start on Friday as concern continued over Greece and Spain Despite rising bad debts and downgrades, and reports of large withdrawals from troubled banking group Bankia, the Spanish government does not expect a run on the country&...

Bart Heller apparently killed Erin Jehl after she dumped him several days before

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