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Tag Archives: poverty

Greece lowers national poverty threshold to 4,718 euros per year

The percentage of Greeks at risk of poverty or social exclusion fell by three percentage points to 31.8% in 2018 from 34.8% in 2017, or 3,348,000 persons, Hellenic Statistical Authority said in a report on Friday. The statistics service said that the number of households at risk of poverty totaled …

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30% of Greek pensioners receive less than 500 euros per month

One third of Greek pensioners receives a monthly pension of no more than 500 euros. According to data from the Helios database of the Greek Labor Ministry for August and September 2018, the average monthly pension was 724.18 euros. Supplementary pension was 172.32 euros per month, while dividend paid monthly …

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Greece’s silent dramas: Senior hospitalized with severe hypothermia

Austerity 2019 in Greece and the silent dramas. People, mostly elderly, who live without electricity and heating. A man was transferred to the hospital of Larissa in Central Greece from his hometown in Farsala. He was diagnosed with serious hypothermia. While the medical staff is doing whatever possible to treat …

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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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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 …

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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 …

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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 …

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