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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...

Eurostat: 35.7% of Greeks at Risk of Poverty or Social Exclusion

35.7% of Greeks were facing the risk of poverty or social exclusion during 2013, according to Eurostat figures unveiled on Tuesday, while 23.1% remained at...

Unicef: Dramatic Increase in Child Poverty

Child poverty is on the rise in Greece since 2008 and the crisis outbreak, while the average family income went 14 years back, in...