This is simply terrifying
This is simply terrifying
It's not as if the other Europeans want Greece people to starve by cutting pensions etc. They want Greece to untangle this mess where there is no dependable social security and instead small social benefits like lower prices for electricity is handed out in an ad hoc way as part of election promises by the political parties who come into power.
What? You mean a social security net like the one that the "reforms" Greece had to implement destroyed?
It was always "ask for money from your grandparents' pensions".
The whole system is terrifying, but the reality is that Greeks aren't starving in the street and this insane system needs fundamental reform to prevent that from happening.
If Greece asked for billions to feed their population they would get it, but they want us to finance keeping this system up. A systems that haemorrhages money so badly it makes aid to developing nations in Africa look like the summit of effectiveness.
http://www.teinteresa.es/espana/abuelos-mantienen-hogares-vi...
60% of Greek pensioners get less than €800 gross a month, and 45% live on less than the monthly poverty limit of €665.
Also, unemployment is sky high so a lot of the pension money is used to feed impoverished family members.
But it is true that the retirement age in Greece is very low. Maybe that should be higher, but then again, with such high unemployment, what are you going to do with all those people? Also, Greeks work the most hours per year of any country in Europe. Maybe that should change; countries with more days off tend to have stronger economies. Maybe people are more productive when they're more rested and relaxed or something?