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

Society Tags: Income

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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