Why Greece is struggling so much with productivity?

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I know that Greece has had economic woes for some time, but I was surprised to learn that the average Greek worker puts in more hours per year than the average American and significantly more than the EU average. With the recent approval of six day workweeks in Greece, while conversations about shifting to four day workweeks are occurring elsewhere in the world, I’m curious as to what has led to this situation occurring?

In: Economics

15 Answers

Anonymous 0 Comments

The cost of living increasingly rising, and the salaries being stuck to low levels. People need to work long and hard to be able to pay rent and basic expenses. The work culture can be brutal, especially e.g. in the tourist sector. I have friends in the tourism industry that are only allowed something like 2 days off per month, from May until October (tourist season). A corrupt government/state plays a big role in this too. (there’s little hope to get help if you your boss is pushing you to your limits)

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