OECD study: Greek middle-classes lost an average of 6% in annual income during crises years
- Written by E.Tsiliopoulos
A new global study by the Organisation for Economic Co-operation and Development (OECD), released on Wednesday, shows that middle-class incomes in crisis-battered Greece for households hover from nearly 8,000 euros to just more than 21,000 euros per year, a figure amongst the lowest for European OECD member-states.
The study, entitled "Under Pressure: The Squeezed Middle Class", notes that average middle-class incomes for households in Greece after 2008 fell by nearly 6 percent annually.
In Greece, additionally, households with average incomes correspond to 59 percent of the population and receive 70 percent of state benefits, while low-income households correspond to 32 percent of the population and receive 15 percent of benefits.
The entire study can be found here:
http://www.oecd.org/social/under-pressure-the-squeezed-middle-class-689afed1-en.htm
Related items
-
€1.6 Billion to Fund 352 Projects Across Attica
-
The passport of the Chinese woman who has been missing for four months was found torn in the Galatsi Grove.
-
Greek-American matchmaker charges $5,000 a month to find love in New York
-
The iconic GREGY project at the Hellenic-American Chamber of Commerce Conference at the TIF
-
Thessaloniki: Two Afghanis under scrutiny for the fall of a 15-year-old from a hotel -
Latest from E.Tsiliopoulos
- €1.6 Billion to Fund 352 Projects Across Attica
- The passport of the Chinese woman who has been missing for four months was found torn in the Galatsi Grove.
- Greek-American matchmaker charges $5,000 a month to find love in New York
- The iconic GREGY project at the Hellenic-American Chamber of Commerce Conference at the TIF
- Thessaloniki: Two Afghanis under scrutiny for the fall of a 15-year-old from a hotel -
