Poverty

A recent poll showed a population disillusioned with the Greek political parties and the Eurozone, and an overwhelming agreement that the current economic and social system is causing poverty. 

A risk of poverty, not actual poverty, threatens 18.7% of the population in 2023, an increase from 17.4 % the previous year

While the Greek economy is indeed recording solid figures, its citizens are becoming impoverished, and the situation could worsen over time, as analysts pointed out in an article in the Financial Times (FT) published a few months ago

Plans to up Greece's minimum wage are driven by the fact that 7 out of 10 private sector employees are low wage earners and can't make ends meet, says TA NEA.

A new Eurostat report shows 26% of Greeks are at risk of poverty or social exclusion, which is above the EU average of 21.4% and the 4th highest in the EU

According to the findings of the report, poverty rates in the wider Athens area and the South Aegean were consistently lower than the national average

Eurostat data revealed a significant 10.8% drop in Greek public debt relative to GDP in 2023, alongside a 2% economic expansion, outpacing Germany's performance.

The risk of poverty and social exclusion has declined significantly from its height of 32.6% in 2016, yet great disparities persist between Greece's different regions.