While economists and political analysts exchange views on the deteriorating economic situation in Greece and what it means for the future of the euro, the European Union and the global capital markets, often overlooked is the effect the chaos is having on the social fabric of the nation. Average citizens are demoralized and angry. Many are increasingly fearful of unrest and crime.
What are the trigger points that have caused a backlash over more austerity to qualify for additional bailout funds from creditors to avoid default? They include outrage over cut pensions, high unemployment, no access to capital, long food and gas lines and security concerns. Here are snapshots of a nation at its breaking point—pushed to the brink of despair.
—By Lori Ioannou, senior editor, CNBC.com
Posted 30 June 2015