Wednesday October 22, 2014 Search
Weather | Athens
24o C
14o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Over 2.3 mln Greeks living below poverty line in 2010

By Sotiris Nikas

The number of people in Greece classified as living below the poverty line reached 2.34 million in 2010, according to a report released by the Hellenic Statistical Authority (ELSTAT) on Friday.

That was the first year that the austerity measures imposed by Greece’s creditors caem into force, while household spending has decreased further in the two years since then.

ELSTAT set the poverty line at 6,591 euros per person per year for 2010, while the average per capita income that year stood at 12,637 euros. A total of 901,190 households were found to be living below the poverty line. On average, households spent 1,956 euros per month, down from the 2,065 euros per month that they spent in 2009. Most cuts were in apparel purchases (13.5 percent year-on-year) and communications (12.5 percent). Spending on tobacco and alcohol remained unchanged.

The report highlights the fact that Greece is among the European countries with the greatest financial inequalities, as the richest 20 percent of the population had an annual income that was six times that of the poorest 20 percent.

ekathimerini.com , Friday November 2, 2012 (21:31)  
PPC gets approval for two wind parks in Rodopi
ECB cools speculation over bank health checks ahead of results
Greece´s NBG says Turkish unit to issue new shares
At least 11 banks to fail European stress tests, three in Greece, report says
Parliament votes to lift parliamentary immunity of GD MP
The Greek Parliament has voted to lift the parliamentary immunity of Golden Dawn MP Artemis Matthaiopoulos to face charges of robbery. During a vote Wednesday, 198 of the 203 deputies presen...
Ancient Greek well yields rare wooden statue
Archeologists in Greece have uncovered a rare wooden statue preserved in the muddy depths of an ancient well in Piraeus, the port of Athens. A Culture Ministry statement said Tuesday that th...
Inside News
BASKETBALL
PAOK fans stop coach Markopoulos´s 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
Careful what you wish for
Everyone is in a rush to become prime minister in this country, as if they have not learned a single thing from its political history. While still in opposition, PASOK’s George Papandreou ma...
EDITORIAL
Taking care of our key industry
It’s time to face facts: Tourism is the country’s heavy industry. The sector’s considerable contribution has served as a stabilizing factor for the local economy, essentially placing the cou...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Parliament votes to lift parliamentary immunity of GD MP
2. PPC gets approval for two wind parks in Rodopi
3. ECB cools speculation over bank health checks ahead of results
4. Ancient Greek well yields rare wooden statue
5. Turkey to continue seismic surveys, Davutoglu says
6. EU’s Juncker wins Commission-team approval with investment vow
more news
Today
This Week
1. Cyprus to block Turkey's EU talks after EEZ violation
2. At least 11 banks to fail European stress tests, three in Greece, report says
3. Juncker’s EU commission team set for parliamentary green light
4. Taprantzis resigns from privatization agency TAIPED
5. EU’s Juncker wins Commission-team approval with investment vow
6. Fallen tree, smashup cause traffic jams in Athens
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. Greece must stick to reforms, says Schaeuble
5. GPO poll gives SYRIZA clear lead over New Democracy
6. Greece’s 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.