Bank deposits are increasing in Greece, but most households remain under pressure from the cost of living, with savings rates falling and the majority saying they are barely making ends meet
Board games and LEGO are once again becoming part of our daily lives. How financial hardship, excessive screen time, and a longing to return to simpler times are keeping Greeks indoors
Most Greeks lack the financial capacity to save for retirement, exposing a growing gap between future needs and current preparedness.
Greece remains among the five European countries with the lowest financial literacy levels, according to the 2023 Eurobarometer.
A couple with children experience negative savings, averaging -€2,159 annually.
According to ELSTAT, overall gross savings in the economy increased to €21.8 billion in 2022 from €16.5 billion in 2021, primarily driven by businesses and the general government, while households showed a decrease in savings by -2.6% of GDP.