1. Skip to content
  2. Skip to main menu
  3. Skip to more DW sites
In focus
Los Angeles wildfiresClimate changeGerman election 2025
Latest audioLatest videos
Live TV

Greece

Antje Binder, Hilke Fischer / hwApril 25, 2013

National debt, youth unemployment - the economic crisis has drastically worsened the situation in many countries. There are lots of statistics on the issue, but here we consider them from a different perspective.

https://p.dw.com/p/189bb
Image: DW/A. Binder
Car ownership in Greece
Image: DW/A.Binder

The Greeks have been particularly hard hit by the crisis. Increasing numbers of people can no longer afford to own a car. While in 2008 over 450,000 registered a new car, in 2011 that figure was down by two-thirds.

Youth unemployment in Greece
Image: DW/A.Binder

In order to secure aid from the Troika, Greece is having to save. Government measures include mass redundancies, tax hikes and cuts to social welfare. As a result, the economy is on its knees. Over half of all 15-to-24-year-olds in Greece are unemployed - a disastrous new record in the EU.

National debt in Greece
Image: DW/A.Binder

Greece is the most debt ridden country in the eurozone. According to the terms of the Maastricht Treaty, a national debt of up to 60 percent is permissible. In 2012, Greek national debt was three times that and will probably rise again in 2013.