Greek News Economy Pensioners Now Greece's Largest Group Among Taxpayers

Pensioners Now Greece's Largest Group Among Taxpayers

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According to the latest data made recently available by Greece’s Independent Authority for Public Revenue, pensioners are now the largest single group of taxpayers in Greece.
In nine out of the thirteen regions of the country, pensioners now constitute the largest subgroup of citizens, outnumbering salaried workers.
A good example of the situation is the region of western Greece.
There, a total of 40.1 percent of taxpayers are now pensioners, and their declared income constitutes forty percent of the total income declared in the region.
Within the last four years, the number of pensioners living in Greece increased by 233,000 individuals.
Approximately 590,000 individuals have been added to the ranks of pensioners in the last nine years, from the beginning of the financial crisis in 2010.
The total number of pensioners in Greece reached 2,255,788 in 2018, with their declared per capita income being reduced by a whopping 31.13 percent, compared to declared income in the year 2010.
These figures depict how serious the problem of an aging population has become in Greece, with policies which encourage young couples to have children now more urgent than ever before.
Most of the European Union’s countries face similar problems of a rapidly aging populace.
However, Northern European nations are recording more promising figures because the number of migrants arriving there is much higher compared to that of countries in the European south. This is one of the variants which helps to balance the ratio between pensioners and workers.

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