Article EKT8 Mixed fortunes as solidarity economy takes root in Greece

Mixed fortunes as solidarity economy takes root in Greece

by
Emma Graham-Harrison in Athens
from on (#EKT8)

Time banks, farmer-to-buyer sales groups and alternative currencies springing up but expansion has not been steady or easy

As money has become tighter in Greece, an alternative "solidarity economy" has sprung up providing everything from food and medical care to hairdressing and language classes to thousands - without a euro changing hands.

The Athens Time Bank, for example, allows members to collect credits by offering an hour of their time to someone who needs their services. The bank boasts doctors, dentists, electricians, yoga teachers and plumbers among its ranks, but the most popular service on offer is psychotherapy - highlighting how years of austerity have eaten away at more than just savings and living standards.

Related: Euros discarded as impoverished Greeks resort to bartering

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