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Excessive Taxes and Negative Savings for Greek Households

Greece has reportedly the lowest savings rate among the 28 EU countries, as households and businesses 'bend' at the expense of wage cuts, excessive...

Greek Households Continue Cutbacks on Basic Goods, Electronics, Fuel

Greek households continue to cut down on basic goods such as food, electronics and car fuel in order to meet their tax obligations to...

Greek Households Reduce Food Consumption by 27%; Wealth Declines to 40%

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...

Tax Income in Greek Households at 82.1 Billion Euros in 2016

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...

Survey: Greek Households Get Poorer, Middle Class Is Dwindling

One in three families in Greece has at least one unemployed member, while the middle class is dwindling, a new survey on behalf of...

ECB: Greeks Lost 40% of their Wealth During Economic Crisis

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...

Three in Ten Households in Greece Unable to Pay Taxes

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...

Tax Burden on Poor 328% More Than the Rich During Greek Crisis

The austerity measures brought on by the Greek financial crisis has mostly affected the poor population of Greece. According to a survey conducted by...

Greek Households’ Available Income Down in 2013

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...

1/3 of Greek Households Earn Less than 10,000 Euros

According to a survey conducted by Small Enterprises’ Institute of the Hellenic Confederation of Professionals, Craftsmen and Merchants (IME-GSEVEE), almost one in three Greeks...

Greek Households Lose 14 Bln Euros of Disposable Income in 2013

Greek households lost some 14 million euros from their available income last year, the Hellenic Statistical Authority (ELSTAT) revealed today. Apart from their income...

Greek ‘Basket of Goods’ Is Never Full

The financial crisis has affected several sectors of the Greek economy. One of them is the households' so-called "basket of goods." In reality, the situation...

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