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Lowest income groups in Greece saw wages drop and taxes rise most during crisis

Lower income groups in Greece saw their tax burden increase by 337.7 percent from 2008 to 2012, compared to a 9 percent rise for higher income groups, a new report on the impact of the crisis and austerity policies on incomes, inequality and poverty in Greece has found.
Entitled Greece: solidarity and adjustment in times of crisis, the 143-page German-funded, Greek-authored study says that Greece has witnessed growing poverty and total pauperisation of a substantial part of Greek society as a result of the crisis and a...
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