Workers lost almost 9 pct of real income last year, research shows

Society Tags: Cost of living, Income, Poverty
By Panayotis Tzamaros/Fosphotos
By Panayotis Tzamaros/Fosphotos

The Greek economy’s debt legacy issues have been lasting despite some progress in the last few years and they were once again captured in the latest annual report published by the research arm of Greece’s largest union GSEE.

Last year, there was a minor de-escalation of the risk of poverty, dropping to 18.8 pct, down from the 19.6 pct seen in 2021. The debt crisis led the risk of poverty above 23 pct in 2012 and 2013 and the rate had been de-escalating up to 2021, when it r...

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