Seven out of 10 Greeks Say the Country’s Economy is Failing

A new opinion poll indicates that 7 out of 10 Greeks are pessimistic about the future of the country’s troubled economy and an even larger percentage expect a new wave of protests and riots aimed at preventing austerity.

Kathemerini: “An even larger section of the public – 80 percent, according to the poll – fear a new wave of social unrest in reaction to the government’s austerity measures, with more strikes and demonstrations on the cards.

A similarly high proportion of respondents, 84 percent, claimed to be disappointed by “Greek democracy” though it remained unclear whether this related to developments in the economy or in the political arena.”

Greece’s GDP it projected to decline 4% this year and 2.6% next year, according to the country’s Finance Ministry.

With just 18% of respondents declaring themselves satisfied with the job being done by George Papandreou’s ruling PASOK party, a new wave of anti-austerity riots are highly likely.

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About Ari Haruni 156 Articles
Ari Haruni is the Co-Founder & CEO of Wall Street Pit.

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