The Troika wants a six-day week in Greece. Even for the Troikanauts, this one is a lulu: nobody’s got anything to do, so let’s make the working week longer.
Observe the facts….a random selection will suffice. Overall unemployment stands at 25%, and youth unemployment at 50 percent. Business owners have seen their revenues decrease by 30-40% since last year.
Or here’s another way of looking at it: nobody’s being paid, so let’s make the working week longer.
Observe the facts….a random selection will suffice. Pharmacists and doctors are protesting overdue payment from EOPYY for services rendered. Journalists and technical staff in Greece’s oldest English speaking
newspaper, have not been paid for two and a half months.
But this newest bit of Alice in Wonderland is really only the follow on from ‘nobody’s got any money, so let’s raise the taxes to get more’.
Observe the facts….a random selection will suffice. The black economy in Greece has mushroomed to the extent that it is estimated at around 45% of GDP. Pensioners fed up of higher taxes, falling pensions and unavailable prescriptions stormed the Health Ministry yesterday.
But here’s one bright spot: tourism arrivals in Greece from Russia will register a new record, and are expected to reach up to 1 million visitors. My theory is that the attraction for Russians is visiting a country with an economic model even loopier than theirs. In fact, I bet Rasputin is dolling out cheap holidays to prove exactly this: it could be worse – you could be living in EU-run Greece rather than Mafia-run Russia.