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Politics

Greece: Persistent Poverty

Fabian ChristJanuary 19, 2012

The economic situation in Greece continues to worsen, as it becomes clear the country's austerity measures just aren't effective. As the crisis persists, more and more Greeks are falling into poverty.

https://p.dw.com/p/S77t
More and more families can no longer make ends meet, or feed and clothe their children. As a result, some parents have given up their children to charities like SOS Children's Villages; the organization is taking more and more children under its wing. While a number of wealthy Greeks have been able hang onto their assets, ordinary people are bearing the brunt of the crisis. The troika of the European Commission, European Central Bank and the International Monetary Fund requires Greece to stay on a strict savings course, but that is now being seen in an increasingly critical light. EU parliamentarians are calling for an alternative: investment as a way of turning the country's fortunes around.