The impact of the austerity program has been catastrophic for both the Greek economy and Greek society. Public debt climbed by 50 per cent from 2009 to 2014, reaching 175 per cent of GDP, despite the bailout of 2012. As a result of the greatest depression in world history after 1930, GDP shrank by 25 per cent in 2009-14, with unemployment now standing at 26 per cent, up from 9 per cent in 2009, with…
