Calamos Supports Greece

Poverty

Study: 700,000 Middle Class Greeks Face Poverty

A new study on poverty and economic inequality in Greece shows that 700,000 people who were middle class, are now confronted with poverty. According to the diaNEOsis organisation, income inequality in Greece gradually declined from the relatively high level before...

Four in Ten Children in Greece are at Risk of Poverty

Four in ten children in Greece under the age of 17 face the threat of poverty, says a Eurostat study on Poverty and Social Exclusion, based on 2016 figures. According to the study, Greece comes in third place among European Union...

Almost 1.5 Million Greeks Live in Extreme Poverty

Almost 1.5 million Greeks live in extreme poverty, most of them unemployed and young, a recent study by the diaNEOsis non government organization says. Specifically, the study says, 1,488,714 Greeks, most of them young and unemployed live in extreme poverty,...

More than One in Three Greeks at Risk of Poverty

More than one in three Greeks is at risk of poverty and isolation, while the country shows the highest unemployment rate in the EU, according to the European Commission. The figures are based on a European Commission report on labor...

Remains of Man Killed In Fire Left Wrapped in Body Bag on the Street Because He Was Poor

A single-home fire in Thessaloniki claimed the life of a 86-year-old man. Early Saturday morning the man was discovered by authorities and was then wrapped in a blue body bag and left on the side of the street because...

Eurostat: Three Greek Regions Rank Among the 20 Poorest in EU

Three of Greece's 13 regions -- Eastern Macedonia-Thrace, Epirus and Western Greece -- were among the 20 poorest regions in the European Union in terms of per capita GDP in 2015, according to figures released by Eurostat on Thursday....

Greece's Children Pay the Price of Economic Crisis

Greece's children pay the price of the prolonged economic crisis, as a shelter for abused children is now taking in those whose parents are unable to provide food for them, a Reuters report says. As one fourth of the country's...

Poverty in Greece Gone Up 40% Since 2008

The poverty in Greece increased by 40% from 2008 to 2015, according to a Cologne Institute of Economic Research study on European economy. The study is not based on low income alone but on other factors as well, such as...

Greece Ranks Last Place in EU’s Social Justice Report

The European Union’s annual report Social Justice for 2015 revealed that Greece ranked last place among the EU's 28 member states. The ranking is not of much surprise, given the current economic crisis gripping the nation and social reforms the...

Eurostat: Almost Two in Five Greek Children Face Poverty

Eurostat released data ahead of Universal Children's Day (November 20) showing that one in four children are at risk of poverty or social exclusion in the EU. In 2015, around 25 million children, or 26.9 percent of the EU...