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Students' Perspective on the Greek Economic Crisis Brouskeli& Loumakou
Abstract
In this study, we investigated Early Childhood Education students' perspectives on the Greek
four focus groups of six participants each plus moderators, and transcripts were analysed
using thematic content analysis. According to the results, students confront the crisis as a
restriction, concerning mostly hedonistic habits of the past that were called on to cease. They
extensively recognised the importance of the financial support and sacrifices of their parents,
in order not to be deprived of necessary things, and expounded on the possible causes of the
economic crisis. They focused on the citizens approach, and not particularly on the
politicians approach, both for subjects regarding government official selection and for issues
regarding bad financial management including utilitarian behaviour. Their proposals for the
country's exit from the crisis focused on activating the citizens, working and co-operating,
producing innovative ideas, agricultural development, and tourism. They agreed on the
discomfort caused by the political system while emphasising the periodicity that characterises
the prosperity of a country. Finally, they implied that beyond any adverse effects, the crisis
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Corresponding Authors:
Evagelia Loumakou is a psychologist, graduate from the Department of Psychology of the National
and Kapodistrian University of Athens in Greece.
Introduction
Greece has been in an ongoing financial crisis since 2010. Greece has been more deeply
affected by the financial crisis than any other EU country, and health and mental health
According to the Hellenic Statistical Authority (2017), the unemployment rate in the country
has risen, and the largest increase was between 2009 and 2013. Specifically, the
unemployment rate for September 2009 was 9.3%, while it rose to 28.7% by November 2013.
particular, during the crisis, the following have been recorded: decreases in birth rate,
reductions in total health expenditures and overall pharmaceutical spending, and an increase
the rise in specific diseases were a 50% increase in heart attacks, a 23.5% increase in stroke,
and an 80.8% increase in depression (Hellenic Statistical Authority, 2014). Regarding the
Greek populaces well-being, it is notable that the percentage of the population at risk of
poverty and social exclusion in 2012 exceeded 34.5% of the population (Kaitelidou, 2014).
Apart from the consequences of the crisis on physical and mental health and well-being, the
effects of this crisis have also been seen in Greeks' way of living and everyday life. Their
residential behaviour has been differentiated by shaping and constraining their housing
decisions (Stergiou et al., 2016). Their consumer behaviour and choices of entertainment
Youth are one segment of society that is particularly vulnerable to the effects of crisis.
They undergo critical developmental transitions such as graduation and may be forced to
postpone their plans for higher education and instead seek increasingly scarce jobs to
contribute to the household economy. All of these changes can have lasting effects on mental
health and cause problems in terms of anxiety, lowered self-esteem and other emotional and
with respect to young peoples perception of the economic crisis, most students stated that
they lacked the resources to survive the crisis and were financially dependent on their
families; although most youth were disappointed, they felt committed to their country, and
this commitment averted emigration in one out of every two cases (Tsekeris et al., 2015).
Beyond economic issues, youth displayed worse conduct, higher levels of absenteeism and
lower self-efficacy than pre-crisis youth (Motti-Stefanidi & Asendorpf, 2017). Additionally,
young people declared that they have been negatively affected in terms of democratic values
and trust in the state and the judiciary system (Frangos et al., 2012). Finally, it is noteworthy
that in a study that analysed digital video making and sharing by Greek youth regarding the
crisis, all of the examined videos emphatically and categorically indicated that the crisis has
had solely negative implications in youths lives. Politicians are presented as corrupted
traitors, the crisis is called a slow economic death, and the average Greek is described as a
The economic crisis in Greece is one of the greatest in modern history, and its causes
have focused on the serious structural weaknesses in public administration, economic activity
services (Efthmiou et al., 2013). Everyday practices that underlie these causes have also been
identified as leading factors, and these are the fruitless waste of money, the economic and
social degeneracy, and the partisan and corrupt behaviours (ztrk, 2015). Finally, the
established intercessory role of political parties, the unstable political structure and the false
choices of Greek governments over the last decades have been demonstrated to contribute to