x

Society

Surveys Shows One in Two Greeks Can’t Make Ends Meet

December 31, 2017

ATHENS – Except for the rich, politicians, tax cheats and the privileged, Greece’s long economic crisis has taken such a hard toll that 50 percent of people say they are struggling to get by after being buried by harsh austerity measures.

The ruling Radical Left SYRIZA-led coalition promised to reverse big pay cuts, tax hikes, slashed pensions and worker firings but doubled down on them under orders from the country’s creditors to whom Prime Minister Alexis Tsipras surrendered instead of defying as he swore he would do.

He imposed another avalanche of tax hikes in 2016 and more will kick in on Jan. 1 and taxes on low-and-middle income families are in the wings too.

A study by the University of Macedonia in Thessaloniki said half of Greeks have financial difficulties each month and 10 percent said they can’t make it.

Only 6.5 percent of respondents reported having no financial problems in December month, a 1 percent increase compared to the same period last year. That was despite a big holiday handout by Tsipras to lower-income pensioners and jobless youth in a frantic bid to turn around his plummeting popularity at a cost of 1.4 billion euros ($1.68 billion) to the budget.

RELATED

For those interested in All Things Royal, reports are that Princess Tatiana will still be called that after he divorce from Prince Nikolaos, although the monarchy was long ago abolished and neither have any real standing in the country apart from celebrity.

Top Stories

Columnists

A pregnant woman was driving in the HOV lane near Dallas.

General News

NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.

Video

Over 100 Pilot Whales Beached on Western Australian Coast Have Been Rescued, Officials Say

MELBOURNE, Australia (AP) — More than 100 long-finned pilot whales that beached on the western Australian coast Thursday have returned to sea, while 29 died on the shore, officials said.

MADRID (AP) — Top-ranked Iga Swiatek eased into the Madrid Open’s round-of-16 by beating Sorana Cirstea 6-1, 6-1 on Saturday.

NEW YORK (AP) — Donald Trump says he wants to hold a major campaign event at New York’s Madison Square Garden featuring Black hip-hop artists and athletes.

Following her compelling travel memoir, Unpacking for Greece: Travel in a Land of Fortresses, Fables, Ferries and Feta, the first in the series, author Sally Jane Smith continues her charming journey in the recently released second book, Repacking for Greece: A Mediterranean Odyssey.

NEW YORK – Hellenic Aesthetic offers a wide range of gift items year round, including a great selection of hostess gifts for Greek Easter, May 5 this year.

Enter your email address to subscribe

Provide your email address to subscribe. For e.g. [email protected]

You may unsubscribe at any time using the link in our newsletter.