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Greek households

Greek Recession, Unemployment and Expensive Electricity Bills Will Cause DEI to Collapse

The Public Power Corporation S.A Hellas (DEI) could not escape the tragic reality that the majority of Greek enterprises and households face every day.  There is a deficit in DEI’s revenue due to unpaid bills, which reaches the amount...

Study: Extreme Poverty Rises in Greece

A study conducted by Athens University of Economics and Business along with the Associate Professor of the University, Manos Matsaganis, showed that the percentage of Greeks that live in poverty has increased significantly. Some 14 percent of the Greek...

BBG: Greeks Forced to Steal Electricity to Survive

  In a detailed report, Bloomberg refers to the thousands of Greek households that reconnect their electricity supply illegally on their own, as they cannot afford electricity bills. The reason behind Bloomberg’s report was the tragic death of a 13-year-old...

ELSTAT: Drop in Greek Household Disposable Income

Since the country entered into recession, Greeks get poorer year by year. The austerity measures haven't yet brought the promised growth, and unemployment hits record rates, while Greeks struggle to make a living. According to a Hellenic Statistical Authority (ELSTAT) report,...

Can't Afford Heat, Greeks Turn Off Thermostats

A University of Athens research team has discovered that 80 percent of Greek households with incomes under 14,000 euros ($18,730), unable to afford heating oil after the government imposed huge tax hikes, have no heat during the winter and...

Expired Drugs Worth One Billion Euros Sit in Greek Households

A drive to collect and ensure proper disposal of large quantities of pharmaceuticals that are currently languishing unused in Greek households was announced by health minister Andreas Loverdos. According to the minister, four in ten Greek households is currently...

ΙΜE/GSEVEE Survey Shows Greeks Reduce Food Expenditures To Pay Bills

According to the latest survey conducted by the Institute of Small Enterprises (IME/GSEVEE) in cooperation with MARC Company, six out of ten Greek households are unable to pay their monthly utility bills (electricity, water), taxes and bank loan tranches. In...

Number of Households Needing Food Aid on the Rise

Hunger is increasingly becoming a problem among poor Greek households, with more and more families unable to make ends meet, the Greek branch of the humanitarian aid organisation 'Doctors of the World' warned in a press conference on Wednesday. It...