Clément Renaud

What hardships are Greek citizens facing under the ongoing economic crisis?


More than the economic crisis itself, many greeks have suffered from the consequences of austerity measures during the last years. One of the main consequences of austerity policies has been to lower the price of real estate and land, attracting massive buyouts from foreign companies, which has lead to large land grabbing and expropriation in rural areas.

The emblematic project by the precedent government (before Syriza) has been the cession in 2013 of the exploitation rights of Chalkidiki ‘s gold mine located in the northern mountain Kavakos to a Canadian mining corporation (Eldorado Gold) for only 11 millions euros.

source  :Gold mining in Chalkidiki

This text was originally published in quora.