Opinion: Greece remains in the mire, years after the economic crisis struck. Although there are some encouraging signs of recovery, says Yiannis Baboulias, it sorely needs the right leadership.
Author | Baboulias, Yiannis |
Position | INFORM |
To say that life has been hard in Greece over the past five years wouldn't do the situation justice. At its worst, the youth unemployment rate exceeded 60 per cent and, even though the country is about to see better days, there's little for this generation to look forward to in the immediate future.
After a golden decade in Greece, there was an abrupt economic collapse in late 2009, as a booming market gave way to non-stop bankruptcies. When I moved to Athens in 2007, its cultural scene was thriving. Even as the global financial crisis started to unfold at the end of that year, most Greeks still thought that their country would come through it relatively unscathed.
Yet what followed the general election in October 2009 was the most...
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