[HiTech RedNeck]

True, with globalization a “fire sale” on Greece becomes possible.

[Gaffer]

To me, forcing an economy that has been accustomed to government largess and generous retirement/pensions that don't conform to the actual value added and into a more productive role is a good thing.

People need to work and produce to be of value. The below is a Dec 2014 excerpt of an article on the 75% of Greeks who are allowed to retire early.

“In the public sector, 7.91% of pensioners retire between the ages of 26 and 50, 23.64% between 51 and 55, and 43.53% between 56 and 61. In IKA, 4.44% of pensioners retire between the ages of 26 and 50, 12.83% retire between 51 and 55, and 58.61% retire between 56 and 61. Meanwhile, in the so-called healthy funds, 91.6% of people retire before the national retirement age limit,” Vroutsis said.

See more at:

http://greece.greekreporter.com/2014/12/04/75-of-greek-pensioners-enjoy-early-retirement/#sthash.IQwewJ1e.dpuf