Posted on 04/06/2022 12:38:51 PM PDT by Oldeconomybuyer
Athens (AFP) – Thousands of Greeks demonstrated in Athens against soaring prices Wednesday as a general strike shut down public services.
Greeks have been hit by rising electricity and heating bills as well as housing costs.
Prices rose 6.2 percent in January compared with a year earlier -- a record for Greece since it adopted the European Union's single currency in 2001. It bumped up to 7.2 percent in February.
"Everything is more expensive, we can no longer cope," said Evangelia, who works for a social collective and declined to give her surname.
The country's biggest civil service and private sector unions, which called the industrial action on Wednesday, are demanding a raise in the minimum wage -- currently at under 780 euros a month -- that is among the lowest in the eurozone.
The Communist-affiliated Pame union on Wednesday said that the minimum wage had been slashed by 22 percent in 2012, at the height of Greece' near-decade debt crisis.
(Excerpt) Read more at france24.com ...
Those stats were from 2016. They are way out of date now.
Debt to GDP Ratio by Country 2022
Venezuela — 350%
Japan — 266%
Sudan — 259%
Greece — 206%
Lebanon — 172%
Cabo Verde — 157%
Italy — 156%
Libya — 155%
Portugal — 134%
Singapore — 131%
Bahrain — 128%
United States — 128%
Germany's turn in the barrel, next...
New EU sanctions aimed at Russia, move Europe closer to collapse [38:08]
April 6, 2022 - The Duran
https://www.youtube.com/watch?v=3OfJMIG5Ft8
Germany can’t bail itself out.
Thanks.
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