Tuesday , January 16 2018
Home / Tag Archives: poverty

Tag Archives: poverty

Government to distribute to poor Greeks €1billion in ‘social dividends’

Greece’s government plans to offer handouts worth 1 billion euros to poor Greeks who have suffered during the seven-year debt crisis after beating its budget targets this year. Greece expects to return to nearly 2 percent growth this year and achieve a primary surplus – which excludes debt servicing costs …

Read More »

Spain has the EU’s third highest rate of child poverty, after Romania and Greece

After the economic crisis and years of austerity, child poverty is on the rise in wealthy countries, according to Unicef. In Spain, the proportion of children living below the poverty line increased by nine percentage points between 2008 and 2014, to reach almost 40%. In Greece, one in four children …

Read More »

Only Greece worse off than Britain, say UK’s unions

Only Greece has suffered more from austerity that Britain, trade unions charged yesterday as rising inflation and stagnant wages threaten another sharp fall in living standards. Inflation at 2.3 per cent is higher than wage growth of 2.2 per cent — meaning that people’s pay is worth less in real …

Read More »

Jobless father of 3 to lose home due to €3.800 debt

Members of leftist political parties, solidarity groups and civic movement “I don’t pay” managed to block the eviction of a 5-member family. The activists chased the notaries out of the court room in Thessaloniki on Wednesday. The home of the family was to be auctioned as the owner had a …

Read More »

A shocking report: Greeks sink yet deeper in poverty

How can Greeks live on a monthly pension of just a little above 300 euros?  They cannot. Rent or property tax and utility bills swallow the meager income month in, month out. Hardly is a euro left for food or other items that cover daily needs. A food package from …

Read More »