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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.
Pointless if you’re barely getting paid though
cope
The USA also has a low unemployment rate. I used to live there. I already know what it’s like to live in a place with essentially indentured servitude. It’s fucking pointless to make money if it doesn’t cover food and rent even.
If you like having an economy like that, go for it. I don’t live in shitty places like that anymore. There’s a reason Finnish people go to Greece often for vacation - because we can actually have vacations, and because clearly people don’t make much and that’s why it’s so cheap.
Fix your damn worker rights already.
little money is still better than no money, but yes i agree with the worker rights in greece. (im not greek)
The USA is not comparable because they have illegal immigrants who distort the unemployment rate.
There has to be labor shortage for wages to rise. If employers can, they hire illegal imigrants instead of rising wages.
This means there can be bad employment conditions even with a low unemployment rate. Greece shouldn’t have that problem so living conditions will improve.
Lower unemployment they say, yet salary is low that you barely make it!
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.
