OECD Finds Life Satisfaction Deteriorating in Greece
- Written by E.Tsiliopoulos
Average life satisfaction declined by a fifth in Greece between 2007 and 2012, reflecting the decline in real household disposable income.
A new international survey, by the Organisation for Economic Co-operation and Development (OECD), also shows that the percentage of the population that trusts the government has plummeted from 38% to 13% in the same period.
The report shows that the global economic crisis has had a profound impact on people's well-being, reaching far beyond the loss of jobs and income, and affecting citizens' satisfaction with their lives and their trust in governments.
The report, entitled "How's Life?" finds that subjective well-being deteriorated in countries most affected by the crisis. Between 2007 and 2012, reported average life satisfaction declined by more than 20% in Greece, 12% in Spain, and 10% in Italy.
From 2007 to 2011, the percentage of Greek people declaring being very satisfied with their lives fell from 59% to 34%, the lowest share in the OECD area.
Related items
-
Greece moves to become Southeast Europe’s first carbon storage hub
-
Giannis Antetokounmpo says Heat provide best route to another NBA title
-
Mitsotakis says under-15s should be banned from major social media platforms, warns of AI's "extreme" risks
-
Marco Rubio made a reference to the murder of Vagia Nestora - "She was executed because her daughter dared to run for public office"
-
Greek banks have liquidity ready to fuel economic growth
Latest from E.Tsiliopoulos
- Greece moves to become Southeast Europe’s first carbon storage hub
- Giannis Antetokounmpo says Heat provide best route to another NBA title
- Mitsotakis says under-15s should be banned from major social media platforms, warns of AI's "extreme" risks
- Marco Rubio made a reference to the murder of Vagia Nestora - "She was executed because her daughter dared to run for public office"
- Greek banks have liquidity ready to fuel economic growth