x

Society

Study Finds 30% of Greeks Have Incomes Under 10,000 Euros

March 7, 2019

ATHENS – With Greece’s economic and austerity crisis nearing nine years, a survey has found that about 30 percent of Greek households have incomes under 10,000 euros ($33,894) and trying to survive despite repeated pay cuts, tax hikes and slashed pensions.

The study was conducted by the research arm of the Hellenic Confederation of Professionals, Craftsmen & Merchants (GSEVEE) which found it wasn’t enough to cover their monthly expenses.

While most economic indexes appear improved over the recent period, nevertheless the GSEVEE study details the depth of the crisis that has affected workers, pensioners and the poor but not the rich, politicians or those hiding their money in secret foreign bank accounts to evade taxes.

The study, conducted in cooperation with the Marc firm, sampled 804 households around the country between Dec. 7-12, 2018, that also showed 3.9 percent of households reported a decrease in income for 2018, compared to 2017, while 48.9 percent (up from 35.6 percent) said their income situation was stabilizing some fore them.

RELATED

KARDITSA, Greece - Months after investigations were started into the issuance of false COVID-19 documents, an administrative employee and a nurse at a health center in Greece's northern city of Karditsa were fired, the Health Ministry said.

Top Stories

Church

BOSTON – The Holy Synod of the Patriarchate of Alexandria in its recent meeting dealt with the ecclesiastical coup perpetrated by the Patriarchate of Moscow in its canonical jurisdiction, calling it an “immoral invasion and intrusion.

Church

NEW YORK - Some 21 years after it was destroyed in the September 11, 2001 terrorist attacks in the United States that brought down the Twin Towers in New York City, the new St Nicholas Greek Orthodox Church rising in its place is among the most eagerly awaited architectural openings of 2022.

Events

STATEN ISLAND, NY – For yet another year, the community of Holy Trinity-St Nicholas in Staten Island honored couples celebrating 50+ years of marriage with a modest ceremony held at the church immediately following the Divine Liturgy on January 16.

Video

SNF’s Health Initiative Will Support Child and Adolescent Mental Health

ATHENS - When we think about childhood injuries, we usually think of scratches, a few stitches, maybe even a broken bone.

Enter your email address to subscribe

Provide your email address to subscribe. For e.g. abc@xyz.com

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