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Poverty
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Society
Child poverty rate in Greece triples in a decade, OECD study finds The Organisation for Economic Co-operation and Development's (OECD) policy brief on child wellness, which tracks child poverty in developed countries, has shown that Greece was among the countries where child poverty has increased sharply in recent years.
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Society
Income and living conditions survey shows persisting inequality The Hellenic Statistical Authority’s (ELSTAT) 2017 Income and Living Conditions survey has shed light on the economic conditions experienced by Greeks in the reference year 2016, including material deprivation, income inequality and risk of poverty.
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EconomyMacroeconomy
OECD report outlines steps to reduce burgeoning poverty rate in Greece In its latest survey on Greece that the Organisation of Economic Co-operation and Development (OECD) published on Greece earlier in the week, the Paris-based think tank dedicates a section on lowering poverty and protecting households that through the loss of jobs and wage cuts have been severely affected by the crisis, leading to a significant surge in poverty rates.
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Society
Pensions continue to be main source of income for half of Greek households A household survey by the Small Enterprises’ Institute (IME) of the Hellenic Confederation of Professionals, Craftsmen and Merchants (GSEVEE) has found that while the economy is expected to stabilise, expectations for the future remain low.
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Society
Greece bottom of the list on EU social justice index Greece has come last out of 28 European Union (EU) countries surveyed for the annual Social Justice in the EU report carried out by the Bertelsmann Stiftung foundation.
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Society Greek population among highest for poverty risk, Eurostat survey shows Eurostat’s annual at risk of poverty statistic updated for 2016 showed that Greece has one of the highest percentage of population at risk of poverty in the European Union.
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Society
Greek household expenditure falls by another 2.5 pct in 2016 Total monthly household expenditure fell by 2.5 percent in Greece, according to the Hellenic Statistical Authority’ (ELSTAT) latest household budget survey.
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EconomyProgramme
Athens details fiscal counter-measures, a vital selling point for Tsipras The expansionary counter-measures designed to balance the new fiscal interventions that Greece will have to implement, initially outlined by Finance Minister Euclid Tsakalotos at a press conference after Friday’s Eurogroup, were detailed in a report published by the Athens News Agency (AMNA) on Sunday.
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Society
Poverty rate jumped by over 40 pct during crisis, more than anywhere in EU Greece saw its rate of poverty increase by more than 40 percent during the economic crisis, the highest jump in any EU state, according to a new German study that measures poverty in a “multidimensional” way.
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Society
Pensions main source of finance for half of households as income falls again The inequality fuelled by the Greek crisis expanded even further in 2016, with three-quarters of households reporting that they were worse off quantitatively and qualitatively than before and with just under half of them claiming that they rely on pensions as their main source of income.