Greece Has Third Highest Rate of Economic Deprivation in the EU

Pensioners demonstrating successful Athens. File photo. Credit: AMNA

According to Eurostat figures released connected Monday, Greece recorded the 3rd highest percent of colonisation (14%) among the European Union member-states surviving successful a authorities of terrible worldly and societal deprivation past year, with Romania taking archetypal spot (17.2%) and Bulgaria pursuing successful 2nd spot (16.6%).

These are the lone 3 EU countries wherever the percent of the colonisation successful that concern exceeded 10% successful 2024, with the mean percent successful the EU reaching 6.4% from 6.8% successful 2023.

Although that portion of the colonisation decreased importantly successful 2024 successful Romania and Bulgaria, it accrued successful Greece, arsenic it had reached 13.5% successful 2023.

On the different hand, the countries with the lowest percentages of the colonisation successful worldly and societal deprivation successful 2024 were Slovenia (1.8%), Croatia (2%), Poland (2.3%), Luxembourg (2.3%) and Cyprus (2.5%).

Credit: Eurostat

According to Eurostat figures, young radical nether 18 were astir affected by terrible worldly and societal deprivation (7.9%) passim Europe, followed by those aged 18 to 64 (6.4%), and those 65 and older (5.1%).

Women had higher rates of terrible worldly and societal deprivation than men (6.6% compared with 6.2%). This signifier of higher rates for women was accordant crossed each observed property groups, but for those nether the property of 18.

Millions successful Greece are connected the threshold of poverty

In a report earlier this year, Eurostat recovered that much than 1 successful 4 Greeks oregon 26.9% of Greece’s colonisation is connected the threshold of poorness oregon societal exclusion. In implicit numbers, this translates to 2,740,051 radical successful a state of 10.4 million.

The study placed Greece down lone Bulgaria (30.3%) and Romania (27.9%) successful the 27-member European Union, successful presumption of the highest proportionality of radical astatine hazard of poorness oregon societal exclusion. The EU mean stands astatine 21%.

The figures from Europe’s statistical authorization travel conscionable arsenic the Hellenic Statistical Authority (ELSTAT) released information connected deprivation successful Greece, confirming the large spread betwixt the state and the EU average.

Related: Greek Pension Crisis Deepens: Average Pensions Fall Below €800