Greece
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Poverty

Greeks are too Poor for Culture and Entertainment

Forget plate-breaking and showering bouzouki singers with trays of flowers, the Hellenic Statistical Authority (ELSTAT) released figures on Greek participation in culture and entertainment and showed that few Greeks can afford a good time. The results showed that in...

Four Out of 10 Greeks Are Poor and Face Social Exclusion

The Hellenic Statistical Authority (ELSTAT) released the results of the 2015 Survey on Income and Living Conditions of Household for the income period of the year 2014. The survey is the main source of comparable statistics on income distribution...

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 by and 15% live in extreme poverty in 2015, a new study shows. The study, was...

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, 25.3% of children were living in poverty in Greece, affecting some 424,000, reported UNICEF in...

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 to help Greece recover from its six-year old economic crisis, underscores the latest report of...

Eurostat: 1 in 3 Greeks Is Poor or Facing Unemployment

One in three Greeks is either poor, close to poverty, or facing unemployment, according to new figures by Eurostat. The purpose of the particular survey by the European statistical authority was to determine the percentage of Europeans living in conditions...

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 hands of the Greek Prime Minister, the Bank of Greece (BoG) Governor, as well as...

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 fallacy and more so today than ever before. The ideals of direct democracy were never...

Greeks Are the Unhappiest Citizens in Europe

According to a recent survey conducted by the Hellenic Statistical Authority (ELSTAT) in collaboration with the Eurobarometer, Greeks are the unhappiest European Union citizens. The survey on income and household living conditions showed that four out of ten Greeks are not satisfied with their lives,...

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 the risk of poverty even after the social transfers and another 18.2% were living in...