Calamos Supports Greece
GreekReporter.comGreek NewsEconomyAnother Greek Generation Lost...

Another Greek Generation Lost…

youth-greece“Broke and beset by the stigma of unemployment, young Greek men are putting off serious relationships and extending their childhood indefinitely,” Greek journalist Yiannis Baboulias told the Telegraph.
The British newspaper focused on the acute unemployment issue that younger generations face in Greece, noting that even though Athens signed a bridge loan, the issue still continues to plague the country.
It is no coincidence that in the recent referendum, 70% of young men voted “No” to the austerity measures, since the majority of them cannot find a job and see their future being destroyed before their eyes.
“Youth unemployment in Greece stands at a staggering 50% right now. Alongside them, the group that has been hurt the most is those in their late thirties and early forties, professionals who are way into their professional lives, making them too expensive to employ compared to the young coming on to the job market with great qualifications, but not senior enough to challenge the boomers who, like in most of Europe, got off lightly compared to everyone else,” noted the Telegraph.
Furthermore, the article also made reference to a few unlucky men who were able to find a job before the crisis, but now, due to the unemployment, they have to start again from scratch.
The truth is that family is the last safety net for young unemployed men in Greece. Under other circumstances, the crisis might have caused even greater damage.

See all the latest news from Greece and the world at Greekreporter.com. Contact our newsroom to report an update or send your story, photos and videos. Follow GR on Google News and subscribe here to our daily email!



Related Posts