Greece once saw a period of opulence known as the “era of lobster pasta,” where extravagant spending was celebrated. However, the aftermath revealed bankruptcies and criminal cases. Today, signs of nouveau riche behavior resurface, showcasing lavish lifestyles.
The country faces a dilemma where wealth outpaces regulation, leading to unchecked displays of affluence. The situation echoes past mistakes, urging a reevaluation of priorities. A conscientious private sector strives to operate ethically, despite bureaucratic hurdles and illegal constructions.
The Aegean islands, once spared from overdevelopment, now confront similar challenges. It is a critical juncture for Greece to learn from its history and prioritize sustainable growth over ostentatious displays of wealth.