23.1% of Greek Nationals Live Below Poverty Line

World | February 28, 2014, Friday // 13:38|  views

Photo by EPA/BGNES

23.1% of Greek citizens, or 2 535 700 people, live below the poverty line, according to statistics of the Bank of Greece.

According to a report of Greece's central bank, as cited by the BGNES news agency, some 914 873 families are experiencing serious financial difficulties.

The report indicates that 50% of poor families live on less than EUR 4000 a year.

Statistics show that a total of 1 250 000 Greek nationals earn less than EUR 4000 a year.

Over the past 12 months, a total of 955 600 people were lastingly unemployed.

In 2012, 34.6% of Greek households were at risk of poverty or social exclusion.

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Tags: greece, Central Bank, bank of greece, poverty line, social exclusion


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