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

It’s a cultural problem, not exclusive to Greece, of what happens when you define someone’s worth by how much they are working and not by what they’re actually doing.

Some instances in the US you’ll just see business fail or stagnate, but when it’s ingrained in an entire country you see different issues arise.

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