Greek crisis affects schools

The ongoing fiscal crisis in Greece is affecting schools. Said Panos Tsakloglou, a professor in the department of International and European Economic Studies at Athens University of Economics and Business, after the Greek government announced the latest austerity measures: “If we really believe that human capital is the most important factor associated with economic growth, these cuts are likely to have a lasting impact.”

Schools have reported that government cannot meet the demands for textbooks, or necessary technological improvements.

Now government has taken a drastic step. Nearly 2 000 smaller Greek schools, many of them in rural areas, will be closed or forced to merge. In 2005, Greece spent only 4% of its gross domestic product (GDP) on education, relegating the country to the bottom third of Organisation for Economic Cooperation and Development (OECD) nations. It has now likely slipped further, Tsakloglou said, estimating that the decline in education funding in Greece has been about 25% since 2010.

Before the onset of the fiscal crisis, Greece was already experiencing education woes. The country’s schools had some of the most unmanageable student-to-teacher ratios of OECD countries, positions made vacant by retiring educators were being filled by civil servants in administrative posts, and salary cuts were frequent.

Category: Winter 2012

About the Author ()

News posts added for Independent Education by Global Latitude DMA

Leave a Reply

Your email address will not be published. Required fields are marked *