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Greece

Antje Binder, Hilke Fischer / hwApril 25, 2013

National debt, youth unemployment - the economic crisis has drastically worsened the situation in many countries. There are lots of statistics on the issue, but here we consider them from a different perspective.

https://p.dw.com/p/189bb
Image: DW/A. Binder
Car ownership in Greece
Image: DW/A.Binder

The Greeks have been particularly hard hit by the crisis. Increasing numbers of people can no longer afford to own a car. While in 2008 over 450,000 registered a new car, in 2011 that figure was down by two-thirds.

Youth unemployment in Greece
Image: DW/A.Binder

In order to secure aid from the Troika, Greece is having to save. Government measures include mass redundancies, tax hikes and cuts to social welfare. As a result, the economy is on its knees. Over half of all 15-to-24-year-olds in Greece are unemployed - a disastrous new record in the EU.

National debt in Greece
Image: DW/A.Binder

Greece is the most debt ridden country in the eurozone. According to the terms of the Maastricht Treaty, a national debt of up to 60 percent is permissible. In 2012, Greek national debt was three times that and will probably rise again in 2013.