As reported by ANA-MPA, the report states that more than a third of all Greek individuals live on less than 60% of the national median income, that amounts to 3,795,100 people. The poverty figure has grown consistently since the beginning of Greece’s bailouts in 2010.
2010 held 27.6%, 2011 rose to 27.7%, 2012 increased to 31%, while 2013 held 34.6%. Bulgaria held the highest rate of poverty within EU states, with 49.3%, Romania placed second at 41.7% and Latvia ranked third at 36.2%.
The nations that held the lowest poverty rates were the Netherlands with 15%, the Czech Republic at 15.4%, Sweden held 15.6%, Finland generated 17.2% and Luxembourg was determined at 18.4%. The EU’s average rate of poverty was 24.8%.(Source: www.amna.gr)
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