Third of Greek households trapped in debt and poverty, study suggests

Society Tags: Poverty
Photo by Harry van Versendaal
Photo by Harry van Versendaal

Over a third of Greek homes are mired in poverty and debt, largely due to disposable incomes nose-diving below the poverty line and the pilling up of household bills, a survey from a country’s largest small- and medium business association has found. 

In its study on household income and expenditure in 2014, the Small Enterprises Institute (IME) found additional burdens imposed during the year prevented many households from returning to a more stable financial path. It added that the absence of legis...

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