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Poverty
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EconomyMacroeconomy
OECD report underlines sobering reality of economic recovery The latest hit to efforts to create a buzz around the Greek economy came this week from the OECD’s How’s Life 2024 report, with the challenges outlined in an op-ed by the country’s representative at the Paris-based think-tank a few days ago.
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PoliticsGreek Politics
PASOK sees post-leadership election boost as Androulakis unveils shadow cabinet PASOK has emerged stronger in polls conducted since last week’s leadership election, while rival SYRIZA slides further. The public mood remains sombre and a survey on poverty reveals widespread disillusionment in the political system’s capacity to address the problem.
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Society
Survey of 2023 household budgets highlights lasting effects of debt crisis The latest household budget survey for 2023 was released by ELSTAT and it shows that inflation continues to have an effect on spending, while the long-lasting impact of the debt crisis is still prominent.
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Society
Inequality rises marginally in 2023, with 1.9 mln Greeks at risk of poverty The two main metrics of income inequality in Greece were released by ELSTAT in its 2023 survey on Wednesday, suggesting that the picture remained broadly stable, based on the 2022 income reference year, with small increase in both.
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Society Workers lost almost 9 pct of real income last year, research shows 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.
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Society
Risk of poverty drops to 26.3 pct, reflecting post-Covid rebound The latest poverty data from ELSTAT covering 2022, using 2021 as reference year, was published on Monday.
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Society Poverty rate rises in 2021; even after social transfers 1 in 4 children are at risk The latest living conditions published by ELSTAT on Friday shows that poverty resumed an upward trend in 2021 after a series of declines that started in 2014, with 2020 marking the most recent annual low.
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PoliticsGreek Politics
Digital initiatives challenged by opposition focussed on cost of living and political hires The New Democracy administration unveiled a digital wallet as part of its ongoing e-government overhaul, but for opposition SYRIZA the announcement was an opportunity to ask questions about the stalled digital ID project and the conservatives’ record in public administration reform.
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EconomyFeatures
Pandemic takes heavy toll on Greek workers, study finds Research from the General Confederation of Greek Workers (GSEE) has shown the burden of the coronavirus pandemic on the average Greek worker.
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Society
Household expenditure rises by 2.5 pct in 2019 The Hellenic Statistical Authority (ELSTAT) released its findings from the 2019 household budgeting survey which tracked the spending habits of Greek households.