Greeks resigned to a hard, bitter future whatever deal is reached with Europe

Shops and cafes are nearly deserted and small firms are shedding jobs. Now business owners fear there are only two choices: more austerity, or a brutal existence outside the eurozone

Greece has become so gloomy that even escapism no longer sells, the editor of the celebrity magazine OK! admits. "All celebrity magazines have to pretend everything is great, everyone is happy and relaxed, on holiday. But it is not," says Nikos Georgiadis.

Advertising has collapsed by three-quarters, the rich and famous are in hiding because no one wants to be snapped enjoying themselves - and even if OK! did have stories, a ban on spending money abroad means it is running out of the glossy Italian paper that the magazine is printed on.

Continue reading...