Union: Greek Households’ Situation Worsens; Cuts in Essential Goods
According to the data, Greeks rank last in per capita income purchasing power, coupled with the sixth-highest indirect tax burden in the European Union
According to the data, Greeks rank last in per capita income purchasing power, coupled with the sixth-highest indirect tax burden in the European Union
Available income of Greek households and non-profit institutions grew by 3.56 billion euros, or 11.3 percent, in the first quarter of 2023, compared with the corresponding period of 2022
Bank deposits held by households and businesses in Greece dropped by 1.4 billion euros in January 2023
Market sources cited an initiative to facilitate a decrease in monthly payments for borrowers meeting specific and strict criteria
What the Central Bank report shows
The Greek Prime Minister and the Greek Minister of Finance announced a series of measures to support businesses and households as well as some additional initiatives to tackle the energy crisis
The figure was up by a whopping 21.3 billion euros, or 14 percent, compared to August 2020
The economic crisis of the past years and the pandemic with the work suspensions have created a suffocating viciouw cycle
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