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EBRD reports highlights demographic headwinds Greece has to navigate
Greek household income falls almost 30 pct in 8 years, finds OECD
Household disposable income fell by 27.5 percent per capita in Greece from 2007 to the first quarter of 2015, bucking the trend in the world’s leading industrialised nations, where the figure went up by 8.13 percent.
According to data published earlier this week by the Organisation for Economic Cooperation and Development (OECD), the biggest consecutive drop in Greece was between the first and second quarters of 2010, when the index figure fell from 98.7 to 90.7.
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