Right now youth unemployment in Greece is 50%, 1 mio unemployed don't get any welfare. I'm actually surprised riots and looting aren't the order of the day.
If you know the Greeks and their mentality? Yes it will be very hard if not impossible. Europe told to Portugal and Spain what to do, they did it and it worked. In Greece 2/3 of the 55+ are already in pension. In most European countries and Scandinavia pension is at 67. But we should give Greece money so that they can continue to pay pensions. Pension in Greece is equal to 110,4% of their average salary! They can go in pension after working 37,5 years. In many European countries you need to work 45 years or more.
Greek youths need to learn from Polish perhaps, when Poland was going through economic downturn so many of them left and went to work abroad, saved up and came back. I think Greeks just don't like going out of their way.
Yeah, that worked out great... http://thinkprogress.org/economy/2012/02/22/430257/chart-austerity-europe/
@iamnobody, the ordinary, working taxpayer will have to pick up the bill of this fiasco. You can bitch about the greeks all you want, but it's the technocrats in Brussels that are the root of this mess. Greece shouldn't have entered the Euro in the first place. Euro-sceptic politicians such as Nigel Farage have warned for this so many times, but were ridiculed and marginalized in the mainstream media.
I see there's a lot of lazy fucks in France, Slovakia and Italy as well. What do you propose we do about that? Send them to Putin?