Stavros Niarchos Foundation Commits $136 Million to Create Youth Job Opportunities in Greece

Monday, October 7, 2013

The foundation will also convene a conference in New York City in early 2014 to explore proposals to combat the ongoing socioeconomic crisis in Greece.

The Board of Directors of the Stavros Niarchos Foundation has announced a call to action to help create new opportunities for Greece’s younger generations, which are severely impacted by the country’s current and alarming unemployment rate. The Foundation has committed a long-term grant of €100 million towards this effort. The unemployment rate for young people in Greece is more than 60%, according to the latest official measurement by the Hellenic Statistics Authority in August 2013...