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GreekReporter.comGreek NewsEconomyStudy: Fifteen Percent of Greeks Live in Extreme Poverty

Study: Fifteen Percent of Greeks Live in Extreme Poverty

greece_poverty_homeless1Greeks have lost 1/3 of their purchasing power and 1/4 of their income, while in 2014, 95% of them said they have difficulties getting by and 15% live in extreme poverty in 2015, a new study shows.
The study, was conducted by diaNEOsis, a non-government research and analysis organization, and its aim was to study extreme poverty in Greece. The results show that in 2015, 15% of Greeks lived in extreme poverty, when in 2011 the number was 8.9% and in 2009 did not exceed 2.2%.
According to the survey, the extreme poverty line in Greece ranges from 182 euros per month for a single person in semi-urban or rural areas living in a privately own home, to 905 euros per month for a couple with two children living in Athens and pay rent or mortgage.
The overall conclusion from the research can be summarized in one number: 1,647,703 Greek citizens, or 15% of the population, fall below the extreme poverty line in 2015.
Analyzing individual results, there is a high rate of extreme poverty among children (17.6%) and young people aged 18-29 (24.4%), while only 2.7% of the population aged over 65 have incomes below the poverty line.
The group most at risk for reaching extreme poverty are the unemployed. The rate of extreme poverty for the unemployed in recent years is around 70-75%, from less than 50% in 2011.
In contrast, public sector employees and their families, workers in public utilities and bank employees who fall under the extreme poverty line are less than 1%. The number of pensioners living in extreme poverty is also very low (3.8%).

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