|
As shops and restaurants stand vacant, Brezati said she has seen a steady decline in the area she has worked in for the past 30 years. "There's terrible insecurity. And we have a huge problem near Syntagma now. A place that used to be known as the
'neighborhood of angels' has turned into the 'neighborhood of devils," she said, noting the general decline of the area, with petty criminals, beggars, the homeless and drug addicts increasingly apparent as businesses shut down. Customers are scarce. Brezati sat at a table outside her shop slowly sipping a small coffee as passers-by glanced at the leather jackets and fur coats in her storefront, but didn't stop in. "Our clients don't come to buy any more," she said. "They come to sell their furs and leather coats, because they need the money to pay their electricity and water bills." Since May 2010, Greece has been dependent on a euro110 billion ($146 billion) international bailout from other eurozone countries and the International Monetary Fund to remain solvent and the government has struggled to meet the conditions of the rescue funds. Several rounds of spending cuts and tax hikes have cut deep into the incomes of average Greeks as the country struggles through its third year of recession, with the economy projected to contract 5.5 percent of gross domestic product this year. Unemployment has spiraled to above 16 percent, with the young most severely affected. European leaders agreed in July on a second euro109 billion ($145 billion) bailout as it became increasingly clear that the measures weren't working as well as had been expected. But now the Socialist government and international creditors are disputing the details of that bailout. And each quarterly review of the country's reforms -- required for Greece to get the next installment of bailout loans
-- invariably comes with yet more austerity measures. Many blame the government for failing to tackle the problems effectively. "This government doesn't work," said Brezati. "It's like they sold us a fur and we found out it was a fake."
[Associated
Press;
Copyright 2011 The Associated
Press. All rights reserved. This material may not be published,
broadcast, rewritten or redistributed.
News | Sports | Business | Rural Review | Teaching & Learning | Home and Family | Tourism | Obituaries
Community |
Perspectives
|
Law & Courts |
Leisure Time
|
Spiritual Life |
Health & Fitness |
Teen Scene
Calendar
|
Letters to the Editor