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Eurozone

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Greek GDP is back, yet 68% of households say they can't make ends meet (dnews.gr)

Between 2009 and 2016 the average Greek family lost roughly 35% of its assets. The recovery since then has flowed to people who already held assets: those who can invest compound their gains, those who can't stay exposed. Almost 35% of Greeks now call themselves poor.

A resident put the macro chart into a wage: salary about €1,000 a month, houses €150-300k and rising on foreign money, an official six-day, 48-hour week. Tourism wants cheap labour and bought-up property, he wrote, and little else.