Calamos Supports Greece

Greek households

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 are facing poverty and debt, while the disposable income has slipped below the poverty line. The...

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 reductions, Greek households were also hit by a 10.7% reduction in workers’ pay and another...

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 prevailing in most Greek households is that the basket of goods is not full anymore...

Greek Households Lost 12.6 Bln Euros Since 2009

Greek households have recorded losses of another 1.4 billion euros from their disposable income during the year's second quarter, mainly due to raised taxes. Compared with the first quarter of 2014, income and wealth taxes increased by 984 million...

Half of Greek Households Living With Under €800 Per Month

Around half of Greece’s households were forced to survive with less than €800 per month in 2012, as revealed by recent Greek tax office numbers. According to the data published by the Greek newspaper “Kathimerini,” 2,751,856 taxpayers with their spouses...

ELSTAT: Internet Use in Greek Households

The Hellenic Statistical Authority (ELSTAT) conducted research on the use of information and communication technologies by households for 2013. The research revealed that in the first quarter of 2013, 60.4% of Greek citizens between the ages of 16 and 74...

Greece, Most Expensive Country

The latest “Detailed Average Price Report” published in November 2013 by the European Commission reveals that Greek consumers are forced to spend three times as much as consumers in other European countries do for the same goods. Upon studying the...

Greek Households' Available Income Down 8% in Q3 2013‏

Greek households’ and non-profit institutions’ (offering services to households) available income fell by 8 percent in the third quarter of 2013, compared with the same period in 2012, to 30.4 billion euros, reflecting a 9.9 percent decline in workers’...

IMA-GSEVEE Survey: Greek Housholds in Despair

The annual survey carried out by the Small Enterprises’ Institute (IME) of the Hellenic Confederation of Professionals, Craftsmen & Merchants (GSEVEE) reveals that the worsening of Greek households’ finances has led to big cuts in expenditure, especially for food,...

WWF: Four In Ten Greeks Throw Away Food

Despite the impact of the economic crisis on household budgets, four in ten Greeks admit to throwing away food at least once or twice a month, according to a new survey carried out by the WWF Greece conservation group. The same...