By The Associated Press, Associated Press
ATHENS, Greece (AP) — Greece's government started new talks Thursday with international debt inspectors to determine whether the country keeps receiving rescue loans or is forced to default and potentially leave the euro currency union.
Here's a look at some of the country's main economic and financial statistics.
— Greece is in its fifth year of recession. Over the previous four, the economy contracted by 20 percent. In 2012, the government expects it to contract 7 percent.
— The unemployment rate hit 22.5 percent in April, according to Eurostat, the EU statistics agency. The government hopes to bring it down to 10 percent by 2016. Among young people — aged between 15 and 24 — the jobless rate was 52.8 percent in April.
— Greece's public debt was 132.4 percent of GDP at the end of the first quarter this year. It peaked at 165.3 percent at the end of 2011, before the government completed a debt write-off deal with its private sector creditors. The country's bailout program aims to get debt down to 120 percent of GDP by 2020.
Government budget deficit
— Greece wants to reduce its government budget deficit to 7.3 percent of GDP this year from 9.1 percent last year. The deficit reached a staggering 15.8 percent in 2009.
— The main Athens stock index has dropped 80 percent since late 2009, when the country's government revealed that public debts were higher than expected.
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