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Unemployment rises above 25 percent

ATHENS — Unemployment in Greece hit a record high of 25.1 percent in July as the country’s financial crisis continues to exact its heavy toll, official figures showed Thursday.

And all indications are that unemployment in Greece will continue to rise. The Greek economy has shrunk by about a quarter since the recession started in 2008 and youth unemployment has pushed way above 50 percent. The economy is expected to enter a sixth year of recession next year.

From wire dispatches and staff reports