Greek government bonds are at multi-year highs (up 300% in the last year), the Athens Stock Index still up 100% in the last year, and leaders all over the Euro-zone are proclaiming the crisis is over (and that Greece has "made big strides")
The new Greek economic reality.
The sad truth is Greece is rapidly dissolving into a 'fourth world' nation with unemployment rates (broad and youth) at unprecedented levels, poverty widespread, and homelessness rife. Perhaps, as Germany today stated that there will be no more debt reduction for Greece, it is 'math' in the first image that the TROIKA and the Greek representatives should pay special attention to...
40-year-old Yiorgos, who became homeless in 2010 after his grocery shop went out of business, sleeps outdoors in central Athens February 3, 2013.
42-year-old Alexandros, from Serres in northern Greece, sits in the abandoned car he lives in, at the port of Piareus near Athens April 10, 2013. Alexandros owned a plant shop in Athens until 2010, when it was forced to close, he became homeless soon after.
Homeless people sleep outdoors in central Athens April 14, 2013.
A homeless scrap collector sleeps outside in central Athens May 26, 2013.
Stephanos became homeless in late 2012 when the clothes shop, where he had worked for over a decade, closed down and he had no income to pay for his flat. He now lives next to a church in central Athens and eats in soup kitchens. Stephanos smokes a cigarette as he sits on a rug in central Athens May 16, 2013.
36-year-old unemployed clerk Michael sits in the sun near a bridge in central Athens May 24, 2013. Michael worked as a hotel clerk for over fifteen years but when the hotel closed he was unable to find work and in late 2011 became homeless, two months later he was diagnosed with lymph node and thyroid cancer. He now lives outside a church.
51-year-old Romanian truck driver Adrian, who lost his job in 2010 when the lorry company he was working for closed down, sits with his head in his hands in central Athens January 18, 2013. Adrian survives by collecting scrap and lives in an abandoned warehouse in Athens central vegetable market.
50-year-old Giorgos sits with his belongings under a bridge, where he lives with a group of other homeless people, in central Athens May 25, 2013. Giorgos was forced to close down the billiard hall he owned in 2006, and spent time in prison for not paying his social security debts.
35-year-old Vassilis, who has been treated for severe physiological issues, sits in the afternoon sun under the bridge where he has lived for the last year and half in central Athens May 25, 2013.
58-year-old Matheos stands next to the makeshift shelter where he has lived since late 2011, on a hill in central Athens January 23, 2013.
56-year-old Boris Potev, a Bulgarian immigrant, lies on a mattress amid garbage in an Athens suburb April 9, 2013.
Michael, a 36-year-old unemployed man, poses by an abandoned open-air cinema in central Athens February 8, 2013. Michael worked as a hotel clerk for over fifteen years but when the hotel closed he was unable to find work and in late 2011 became homeless. Two months later he was diagnosed with lymph node and thyroid cancer. He now lives outside a church.
Marialena, a former drug addict who is on a methadone rehabilitation program, pushes away her boyfriend Dimitrios who is trying to clean up her self-inflicted wounds, under a bridge in central Athens May 15, 2013.
42-year-old Marialena, a homeless AIDS sufferer and former drug addict who is on a methadone rehabilitation program, drinks coffee after waking up next to her boyfriend Dimitrios in central Athens May 26, 2013. Dimitrios, 51, was a dancer in a famous Greek folk dancing troupe until he lost his job three years ago and became homeless.
Cross posted from Zerohedge
Cross posted from Zerohedge