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GreekReporter.comGreeceEurostat: Life goes on...and on, in Greece despite crisis

Eurostat: Life goes on…and on, in Greece despite crisis

Greece_EUDespite two years of harsh austerity measures and rising unemployment, life expectancy in Greece hasn’t dropped and young Greeks didn’t quit school to find work, as happened in other crisis-hit countries, according to Eurostat’s quality of life indicators for 2012.
Data for Greece indicate high rates of income inequality and unemployment. The richest 20% in Greece earn 6.6 times more than the bottom 20%, while 14.4% of the population has been unemployed for more than a year – the worst rate in the EU.
Greece also has one of the highest murder rates in the survey, with 1.6 murders per 100,000 inhabitants. Life expectancy, however, hasn’t been affected at all. In 2012, it reached 80.7 years, just above the EU average of 80.3 years.
Neither did the crisis force young people to drop their education in search of work, unlike in other crisis-affected countries. Only 11.4% of students quit school in Greece, compared to 24.9% in Spain, 20.8% in Portugal and 17.6% in Italy.
However, because of ever-tightening austerity measures and a stream of negative socio-economic developments, the Greeks’ satisfaction index fell to 6.2, the third lowest in the EU above only Bulgaria (5.5) and Hungary (5.8).

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