23.1% of Greek Nationals Live Below Poverty Line

World | February 28, 2014, Friday // 13:38| Views: | Comments: 0
Bulgaria: 23.1% of Greek Nationals Live Below Poverty Line Photo by EPA/BGNES

23.1% of Greek citizens, or 2 535 700 people, live below the poverty line, according to statistics of the Bank of Greece.

According to a report of Greece's central bank, as cited by the BGNES news agency, some 914 873 families are experiencing serious financial difficulties.

The report indicates that 50% of poor families live on less than EUR 4000 a year.

Statistics show that a total of 1 250 000 Greek nationals earn less than EUR 4000 a year.

Over the past 12 months, a total of 955 600 people were lastingly unemployed.

In 2012, 34.6% of Greek households were at risk of poverty or social exclusion.

We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!

World » Be a reporter: Write and send your article
Tags: greece, Central Bank, bank of greece, poverty line, social exclusion
Expats.bg All Are Welcome! Join Now!
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria