3 ms·
Not necessarily, Greece in itself is a very interesting situation. Almost half of their entire countries' GDP was generated by a single city before 2011. [1][2]
by condescendence 11y ago
Not necessarily, Greece in itself is a very interesting situation. Almost half of their entire countries' GDP was generated by a single city before 2011. [1][2]second link is a decent read about individual municipalities going down slowly within Attica
I claim that the steady decline of economics in that city, which might have had something to do with the Fascism rise with the Golden Dawn political party, destroyed their overall economy. [3]
Many foreign workers who made up a decent amount of the manual labor jobs in that city left in fear, meanwhile Greeks couldn't fit these jobs because of the lackluster pay and poisonous political/economic climate at that time.
[1]http://www.ansamed.info/ansamed/en/news/sections/economics/2014/06/23/greece-attica-hardly-hit-from-the-6-year-economic-crisis_679f4107-220c-4464-8b53-42086733326e.html http://www.ansamed.info/ansamed/en/news/sections/economics/2...
[2]http://www.keeptalkinggreece.com/2012/09/21/greek-municipality-suspends-operation-due-to-economic-problems/ http://www.keeptalkinggreece.com/2012/09/21/greek-municipali...
[3]http://blogs.aljazeera.com/blog/europe/high-police-support-greeces-golden-dawn http://blogs.aljazeera.com/blog/europe/high-police-support-g...