Closing our eyes amid the clamor
Even though the country’s social and political bodies have chosen to close their eyes to it, the social security issue is a ticking bomb that threatens the very foundations of Greek society. As the population of Europe gets older, social security organizations are beginning to feel the pressure building up. The only difference between Greece and its (wealthier) European counterparts is that they are doing something about solving the problem, for example Finland and Luxembourg. In Greece, we unfortunately think that shutting our eyes to a problem will make it go away. This is merely burying our heads in the sand. The governor of the Bank of Greece is ringing the alarm bells once more. He warns that continuing financial support to ailing social security organizations will push public debt to unprecedented levels. The question is, who is listening to his warnings amid the clamor about DVDs, blackmail and publishers’ squabbles?
