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Survey of 2023 household budgets highlights lasting effects of debt crisis
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Inequality rises marginally in 2023, with 1.9 mln Greeks at risk of poverty
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Workers lost almost 9 pct of real income last year, research shows
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Latest census data shows demographic challenge is here as population shrinks, ages
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Risk of poverty drops to 26.3 pct, reflecting post-Covid rebound
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Poverty rate rises in 2021; even after social transfers 1 in 4 children are at risk
Access to housing market slipping away for young Greeks
The housing crisis is a central issue for the Greek public and the country’s political discourse, with the government attempting to address the challenges faced by young Greeks by allocating the lion’s share of its latest tax relief package to those under the age of 30 and families with two children or more children.
The crisis has been intensifying over the last few years, as the property market bottomed out in 2017 and initiatives like the Golden Visa scheme attracted significant demand from abroad thanks to the very low eligibility rates.
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