Everybody gets a pension. Everybody, means everybody. At the age of 57, a Greek self-employed person retires with full State pension.

If a Greek works in a hazardous profession, he can retire with full pension at 50. There are about 450 professions classified as hazardous. One of them is ‘Hairdresser’. Yes, unbelievable, but in Greece a hairdresser is in a hazardous profession.

Therefore a Greek hairdresser can retire with full state pension at the age of 50!

Greece is now left insolvent after five years of €240 billion bailouts dried up.

Many Greeks have yet to discover two other inescapable facts of life: a. Government doesn’t have infinite money. b. Government has no money of its own. If there are no taxpayers around, government earns nothing.

Many Greeks want their entitlements to continue, to be paid by the rest of Europe. The rest of Europe have decided that they wish to continue picking up the Greek tab and so the hazardous profession of hairdresser will grow at a rapid rate.

We are all in for an enormous Greek haircut!