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Greece’s middle-class lost 6% annual income in the crisis years

A global study by the Organisation for Economic Co-operation and Development (OECD), released on Wednesday, shows that middle-class incomes in crisis-battered Greece for households hover from nearly 8,000 euros to just more than 21,000 euros per year, a figure amongst the lowest for European OECD member-states. The study, entitled “Under …

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Greece’s middle class dwindles, 700,000 people at risk of poverty

Greece’s middle class is dwindling and is drifting into into poverty. About 700,000 people are now closer to the poverty line, a new survey has found. Young people aged 16-24 are at highest risk of poverty. According to data provided by the Dianeosis nonprofit think tank, the percentage of people …

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