"I am a teacher by training, but I wait on tables for a living." Seven months after young Greeks rioted to protest, among other things, against unemployment, Greek daily Ta Nea headlines that four out of ten college graduates ply a trade other than the one they learned at school. Although Greece has the highest rate of young college graduates in the EU, Ta Nea explains it also has the highest rate of youth unemployment. As a result, most young people must accept unskilled jobs. For example, 90% of graduates in theology are not employed by churches. In fact, some of them are nicknamed "priest-waiters". Sociology graduates are next, with 70% employed in other fields; archeologists third, with 42%; and gymnastics teachers fourth, on 35%. There is also a glut of doctors, pharmacists and lawyers, with 17,000 seeking jobs. The phenomenon has grown in recent years with the rise of the "600-euro generation" (named for the miserable entry-level salary Greek companies pay).
The leader of Greece’s leftist alliance SYRIZA is the new bright hope of Greek politics. Steering a course between pragmatism and the rhetoric of class warfare, he has unsettled Berlin, and not just those who back Angela Merkel's austerity policies.
Europe’s economic woes have forced us to try to understand the secret Olympian world of global finance. But now that we pay more attention to bond yields and stability mechanisms, isn’t it clear that the experts up on their lofty peaks don’t know what’s going on either?
This year’s Eurovision Song Contest is hosted by Azerbaijan, a country that is far from being a model democracy. An Estonian journalist takes a critical look at the deferential treatment enjoyed by the regime in Baku.