In purchasing power terms, Greece's minimum wage ranks 13th across the bloc—highlighting that the issue is not merely the nominal level, but how wages are distributed across the economy.
Find out in detail how to receive the €200–€600 voucher in this year's "Tourism for All" programme
Greek households are struggling to make ends meet, with sixty percent running out of money nearly two weeks before the end of the month, according to the annual report by the Small Enterprises’ Institute of the Hellenic Confederation of Professionals, Craftsmen – IME GSEVEE. The survey found that for households whose income runs out early, […]
Greek household disposable income posted a slight rise of 1.4%, according to data released today by the Hellenic Statistical Authority (ELSTAT). The average inflation for the October–December 2024 quarter reached nearly 2.5%, translating into a 1.1% decline in real disposable income. This highlights the erosion of household purchasing power due to the persistent cost-of-living crisis […]
Children, women, and single-parent families were hit hardest in 2024, with highest rates in Northern and Central Greece.