With almost a million people migrating out of Greece and tourism bouncing back hard after covid, of course unemployment will be lower in Greece. But outside of tourism, Greece is a zombie country.
Most of the people migrating out of Greece are young and educated. This will significantly affect the future of the country, both from a demographic point of view and policy.
For the first time ever, right wing parties got over 50% of the votes. Greece is a historically leftist country. The governing conservative party has like 3 right parties, further on its right in the parliament. Neonazis, christian talibans, you name it.
And while the governing party is trying to appeal to centists(in order to keep the left busy with in fighting), they also pander to the far right. And the worst part? The government has demolished freedom of press, increased spying on citizens and opposition, etc.
The stage is set for a greek Orban, but the current prime minister lacks the charisma and appeal. The infrastructure is there. Hopefully this will also reignite the leftist reaction instincts. Which is why the current prime minister is keeping a relatively low profile in regards to social issues(antiwokeness).
In fact, he made gay marriage legal in Greece and all the European leaders rejoiced. Except the only reason it wasnt already legal was because of his party. All other parties(except the neonazis and the communists) supported gay marriage. Many members of his party voted against it, but the law passed because the opposition supported it.
The Greek state is dead, anybody believing otherwise is a necrophile.
Lower unemployment they say, yet salary is low that you barely make it!
The rise of rightwing politics is not a problem unique to Greece. The Netherlands has none of the economic issues, and has a steady flow of highly educated people comming into the country, yet we also elected a right wing populist. Remember how popular Le Pen was? Or how about the German AfD party? Don’t blame the wrong reason for the rise of these parties throughout Europe.
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encourage the return of Greeks from abroad
Loool, no thanks. Greek employers are notorious tyrants and the Right has destroyed what little worker protections existed. There is no productive economy to speak of just grift and sucking up to nepo babies who pretend they live in a meritocracy. Nobody who doesn’t have to is returning.
Good for Greece.
Yeah, it is curious and amazing that southern Europe is doing better economically than the traditionally economically prosperous and industrialised north.
Low unemployment does not automatically mean better economy.
GDP in Southern Europe is rising more than their northern counterparts in the past three years since the pandemic. There are plenty of news about this but seems to be underreported (considering that commenters here look unaware of it).
I mean it’s easier to rise when you’re much lower to begin with.
I wish we could say the same about the rest of the developing countries if that was the case lol.
I am far from being an optimistic person, but good news is good news. I am guessing those who don’t seem to like the news are southern Europeans themselves who got so used to living in misery. Just take the good news and let the northern Europeans take their turn in misery!
What do you mean? Of course we can. There was just a story about Poland the other day. About how their GDP has risen remarkably since they’ve joined the European Union. Rapid Rises easier when you’re already starting low. I mean that’s just common sense for anything really.
Rapid Rises easier when you’re already starting low. I mean that’s just common sense for anything really.
And why is it that starting from low means there is rapid growth? Rapid GDP growth can still happen in rich countries.
It can of course. But it’s easier in countries that already start low. It doesn’t mean it’s guaranteed if that’s what you’re thinking. I mean it’s just like any other change in rate. With GDP in particular at a certain point it’s not about rapid Rising it’s about steady growth. A rapid increase usually indicates that something was wrong before. That there was a lack of something. So a relatively rapid increase is caused by stabilizing of credit access to foreign loans, foreign markets, other sources of goods and imports, and lots of other things. Whereas a developed country with high GDP already had access to those so they can’t rapidly change based upon it.