Wednesday October 22, 2014 Search
Weather | Athens
24o C
11o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
3.4 million Greeks near poverty line in 2011, Eurostat reports

Thirty-one percent of Greece's population was living near the poverty line in 2011 and 15.2 percent was just scraping by on a small income, the European Statistical Agency, Eurostat, said in a report released on Monday.

The percentage of people at risk of poverty or social exclusion ranks Greece behind Bulgaria, Romania, Latvia and Lithuania in the European Union rankings, which assess people as being on the poverty threshold when they are living on 60 percent less than the national average disposal income.

More specifically, the Eurostat report said that in 2011, 3.4 million people in Greece were living at risk of poverty and social exclusion, or 31 percent of the population, compared to 27.7 percent in 2010 and 28.1 percent in 2008.

In the European Union as a whole, 119.6 million people lived on the poverty line in 2011, or 24.2 percent of the population, compared to 23.4 percent in 2010 and 23.5 percent in 2008.

The highest percentage of people at risk last year was in Bulgaria (49 percent), Romania and Latvia (40 percent) and Lithuania (33 percent). Hungary ranked together with Greece at 31 percent.

The lowest poverty level was recorded in the Czech Republic (15 percent), Luxembourg and Austria (17 percent), and the Netherlands and Sweden (16 percent).

As far as the percentage of the Greek population that was unable to cover its needs for basic commodities in 2011 is concerned, Eurostat found that 15.2 percent fell into this bracket, or nearly double the EU average of 8.8 percent.

This bracket includes people who cannot afford the following: rent and debt servicing; heating; unexpected expenses; a meal of meat or fish every two days; a week-long holiday away from home; a car; a washing machine; a color television and a telephone.

ekathimerini.com , Monday December 3, 2012 (15:35)  
Archaeologists find missing head of Amphipolis sphinx
Coalition leaders prepare for troika amid sour mood
Parties at odds over university ID checks
At Defense Ministry, Tsipras assures policy continuity
Credit sector officials sleeping easy ahead of stress test results
Analysts, investment banks and institutional investors appear optimistic regarding the results of the European Central Bank stress tests on local lenders, which has been mirrored in the perf...
Certainty on primary surplus target
The state budgets primary surplus beat expectations by almost a billion euros in the first nine months of the year, General Accounting Office data confirmed on Tuesday, but tax revenues and...
Inside Business
BASKETBALL
PAOK fans stop coach Markopouloss move to Olympiakos
Olympiakos is once again in the lookout for a new coach after the refusal of PAOK to release Soulis Markopoulos, while Panathinaikos defeated Kolossos on Rhodes on Monday to become the only ...
BASKETBALL
Reds lose to Nea Kifissia, search for new coach
Nea Kifissia recorded the biggest win of its short history in the top flight defeating Olympiakos 68-67 on Sunday, in a Basket League weekend marred by the abandonment of the Thessaloniki de...
Inside Sports
COMMENTARY
The ECB collateral for Greece must be lowered to 5 pct
According to recent reports, the European Central Bank plans to reduce the 57 percent penalty, that is the discount applied to almost all Greek government bonds (GGBs) held as collateral b...
INTERVIEW
The past, present and future of the Greek debt crisis
For a decade, until mid-2012, Josef Ackermann was the CEO at Deutsche Bank. It was a position that earned him the nickname shadow chancellor of Germany and allowed him to play a decisive r...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Credit sector officials sleeping easy ahead of stress test results
2. Certainty on primary surplus target
3. Feverish talks on payment plan proposals
4. TUI promises even more tourists
5. Archaeologists find missing head of Amphipolis sphinx
6. Coalition leaders prepare for troika amid sour mood
more news
Today
This Week
1. The past, present and future of the Greek debt crisis
2. Gang importing heroin into Greece busted
3. Greece said to seek tailor-made plan for bailout exit
4. Self-opposing coalition
5. Gutsy rectors
6. Applications for heating oil subsidy set to start
Today
This Week
1. Possible third figure in Amphipolis mosaic may be uncovered shortly
2. Istanbul skyscraper casts shadow over Greece's banking ambitions
3. Coalition shooting itself in the foot
4. GPO poll gives SYRIZA clear lead over New Democracy
5. Greece must stick to reforms, says Schaeuble
6. Greeces closed society is central to its current malaise
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2014, H KAΘHMEPINH All Rights Reserved.