purchasing power

Greece is close to the bottom among countries regarding the minimum wages earned by workers, and Greeks have little real purchasing power, according to data from Germany's Wirtschafts-und Sozialwissenschaftliches Institut (WSI). Greece's low ranking is attributed mainly to the economic crisis the nation has...

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...