By Yannis Behrakis
In the past 20 months the Greek financial crisis has been one of the world’s top stories. Day in, day out words like, IMF, ECB, and Troika are mentioned as some of the most common words in my country. People who knew nothing about economics and had never heard of strange words like “spreads”, “haircut” and “bailout”, now seem to have become almost experts in financial matters. Everywhere you go in Greece people talk about the same issues — an upcoming default, the economic meltdown, the misery the unemployment, the rising prices, the possible loss of their deposits in banks if Greece goes back to its old currency, the drachma.
According to the latest polls, Greeks are the most unhappy people in Europe and it’s easy to see why. On the streets of my home town Athens, people don’t smile much, they argue a lot and on some days it seems that misery looms over the capital. If you add to that the terrible traffic jams caused by one or more protests that occur every single day, on top of the increased number of beggars, drug addicts, illegal immigrants and homeless, Athens seems in its worst shape ever. According to another study last year, the center of Athens was “closed” for 2-3 hours daily due to protests, resulting in, according to shop owners, a financial catastrophe for many in the once booming downtown Athens.