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Study: Fifteen Percent of Greeks Live in Extreme Poverty
Greeks 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...
UNICEF: 25% of Greek Children Suffer Poverty
Children in Greece have suffered sharply deteriorating conditions over the past twenty years and child poverty rose by 6.3% between 1995 and 2015.
In 2014,...
OECD Report For Greece Points to Increasing Poverty and Inequality Levels But Sees Signs of Recovery
Spearheading economic growth and promoting investments to create jobs, improving the stability of public finances and providing an effective social safety net are crucial...
Poverty Index in Greece Up 9% in 2015
The poverty index in Greece went up 9 percent in 2015, making it the worst year since the onset of the economic crisis, according...
Four in Ten Greeks Live in Poverty
The General Confederation of Greek Workers (GSEE) labor union published a report regarding the rapid deterioration in the economy’s key indexes. The report has already reached the...
Piraeus Bank Writes Off Debts Under €20,000 for Poverty-Stricken Greeks
Piraeus Bank, one of the four major Greek banks, has decided to write off debts of up to 20,000 euros and freeze debts from...
Poverty in Cyprus
In the absence of true democracy and justice, the misconception that people elect a government in the interest of the people is a...
44.8% of Greek Pensioners Live Below Poverty Line
It was revealed that 44.8% of Greek pensioners live below the poverty line with pensions that do not exceed 665 euros.
Furthermore, the vast majority...
Greek Parliament Adopts Anti-Poverty Law Despite EU Row
The Greek Parliament has passed a SYRIZA-proposed draft law to address the country's long-standing humanitarian crisis, despite objections expressed from the international creditors. This...
Greece Among 5 Member-States With Highest Poverty Hikes During Crisis
Greece, Ireland, Spain, Italy and Hungary were the EU member-states where poverty and social exclusion increased the most during the economic crisis, according to...