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Energy leads 1.4 pct YoY drop in producer prices for Oct
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Fitch rating upgrade concludes another successful year for GGBs
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Scope leaves rating unchanged at 'BBB', ups outlook to positive
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Low-productivity economy a legacy of adjustment without transformation
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BoG cautiously optimistic on economy and banking sector
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S&P leaves Greece's 'BBB' rating unchanged, hints at slower pace of upgrades
Vulnerable households allocated 60 pct of income for housing even before cost-of-living crisis
The struggles of Greek households, particularly those considered vulnerable, in coping with the cost-of-living crisis were captured in the latest housing overburden data published by Eurostat. It shows that even before the inflation wave intensified (the latest data is for 2021) Greek households had little leeway to cope with rising prices.
According to Eurostat, Greece already tops the housing burden table in the total population, with over 34 percent of disposable income allocated to housing. This includes mortgages, rents and utility bills.
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