Investments and wages

I will share some thoughts regarding an issue which is not really in my purview, namely the economy in terms of the labor market. I won't mention any particular economic theories (I am not an expert, after all) as I am addressing a personal concern based on everyday experience.

We like to say that we support investment and private initiative for Greece; we say that the country needs to become more flexible and more business-friendly to purge itself of longtime structural obstacles. The above credo in theory lies behind the key objectives of the new conservative government.
However, for the great majority of workers across the country the new norm is a monthly salary that ranges between 500 and 700 euros. These people simply cannot make ends meet. What is worse, this 500-700-euro salary (which involves a heavy workload, as the drop in wages does not mean fewer...