Athens, Greece – When the conservative New Democracy party came to power in Greece in 2019, it promised a work-driven economy that would grow by 4 percent a year and elevate living standards after a decade of austerity.
In an appeal to the productive, non-state economy, Kyriakos Mitsotakis became prime minister, asking Greeks to “work together to build a new compact of trust based on meritocracy, industriousness, security, justice, opportunities for everyone”.
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Five years later, Greeks had the second-lowest annual salaries in the European Union after Bulgaria, according to Eurostat, the EU statistical agency.
Every other Eastern European country that had become a free-market…
