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Poverty

Eurostat: One in Three Greeks Live in Conditions of Poverty

More than one in three residents of Greece experienced conditions of poverty and/or social exclusion in 2015, according to Eurostat figures released on Monday. The European Union average was roughly one in four, the same report said. In Greece, the...

Consumer Spending Drops Further in Greece

Consumer spending in Greece dropped further in 2015 as a result of continuing recession, according to the Hellenic Statistical Authority (ELSTAT). Household spending declined further as average monthly expenditures in 2015 amounted to 1,419.57 euros, dropping 2.8% (or 40.95 euros)...

Kozani Bakeries Help Impoverished Greeks Who Can't Afford Bread

It isn't something new. Back in 2015 bakers in northern Greece near Thessaloniki donated some 1,200 pounds of bread to refugees crossing the Greek border at Idomeni, back before FYROM closed the border. However, these days, bakers in northern Greece...

Popular Greek Singer Performs for the Rich on Mykonos

Singer Antonis Remos is probably the biggest name in Greek show business. On July 28 he will perform at an exclusive club/restaurant on Mykonos with attendance prices starting at 500 euros. What started as minor controversy is the timing of...

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...