Greek households

Food spending and consumption in Greece have shown significant changes in the last decade, according to a study by the Institute for Research on Consumer Goods Retailing (IELKA). Greek consumers raised their spending on basic carbohydrates such as bread by...

Greece has reportedly the lowest savings rate among the 28 EU countries, as households and businesses 'bend' at the expense of wage cuts, excessive taxes and the burdens of a nation that is inefficient in critical areas such as...

Greek households continue to cut down on basic goods such as food, electronics and car fuel in order to meet their tax obligations to the State. According to data released by the Ministry of Energy and the Environment, in the...

Crisis-stricken Greeks have seen their wealth decline by 40%, their income dropping 26% and food consumption reduced by 27% in a five-year period, a Bank of Greece study shows. The data applies to the 2009-2014 period and shows that annual...

The income in Greek households was 75.157 billion euros in 2016, according to income tax statements made to tax agencies last year, with the value of taxed income rising to 82.1 billion euros, official figures showed on Thursday. A total...

One in three families in Greece has at least one unemployed member, while the middle class is dwindling, a new survey on behalf of the Hellenic Confederation of Professionals, Craftsmen & Merchants (GSEVEE) says. The research was conducted by MARC...

Greeks lost 40% of their wealth in the years of the economic crisis, says a European Central Bank survey. The concentration of wealth among the richest households in the euro zone countries has increased since the debt crisis, although wealth...

The dire state of the Greek economy is reflected in the inability of many households to fulfill their tax obligations, says a study conducted on behalf of the Hellenic Confederation of Professionals, Craftsmen & Merchants (GSEVEE). The study, conducted by the Institute of...

The austerity measures brought on by the Greek financial crisis has mostly affected the poor population of Greece. According to a survey conducted by Economics Professor Emeritus at the University of Athens and former Minister Tassos Giannitsis along with...

Greek households lost 13.9 billion euros from their gross available income in 2013, with their available income falling by 10.2 pct, compared with 2012 from 136.5 billion to 122.6 billion euros, Hellenic Statistical Authority (ELSTAT) said on Tuesday. The statistics...