Shocking extent of Greece’s poverty REVEALED as EU-enforced austerity CRIPPLES nation
THE economic situation in Greece is worsening despite massive bailout funds from the European Union with 22.2 percent of the population now “severely materially deprived”, according to the shocking research.
By JON ROGERS
Express.co.uk
Tue, Feb 21, 2017
While Greece is not the worst European country for poverty levels – Romania and Bulgaria are worse – the Mediterranean nation is not far behind as third worse, according to figures released by Eurostat.
Across EU countries, poverty levels are falling since 2008, down from 8.5 percent to 8.1 percent in 2015 but Greece’s situation is worsening rather than improving and has nearly doubled in the same period.
Over 75 per cent of households suffered a significant income reduction last year, a survey by business confederation GSEVEE and Marc pollsters found.
A third had at least one unemployed member and 40 per cent said they had to cut back on food spending.
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