Seven in 10 Greeks raiding savings to pay bills, two in 10 have no deposits

Society
Photo by Harry van Versendaal
Photo by Harry van Versendaal

Seven in 10 Greeks are raiding their savings in order to make ends meet, while two in 10 say they have no deposits at all, according to a new survey by Public Issue.

As the government and the troika discuss how to cover next year’s fiscal gap and how much an already enlarged property tax will raise in terms of revenue, it is easy to forget how much Greeks have been squeezed over the past few years.

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