There are some astonishing numbers at the heart of the Greek economic crisis.
1. Athens owes €200 billion in loans and 50% of young people are unemployed.
2. Greek people can only withdraw a maximum of €60 per day from their bank accounts.
3. The actual income earned by a typical Greek citizen is 92% higher than the income reported to the government. Tax evasion is endemic in Greece and a major contributor to the government’s budget shortfalls.
Hopefully other countries and people will learn not to make the same mistakes that Greece has made and ensure they live within their means.
Lessons From The Greek Economic Crisis
Infographic source: Garry Bidwana of Eazy Cash
