Study: 3 out of 10 households in Greece report annual income of less 10.000 euros

Three out of 10 households in Greece report annual income of less than 10,000 euros, a study conducted by the research arm of the Hellenic Confederation of Professionals, Craftsmen & Merchants (GSEVEE) announced on Tuesday.

The study also notes that the monthly income of roughly half the households in the country does not cover expenses for the entire month.

While most economic indexes appear improved over the recent period, nevertheless the GSEVEE study details the repercussions of nearly 10 years of economic crisis.

The study, conducted in cooperation with the Marc firm, sampled 804 households around the country between Dec. 7 and Dec. 12, 2018, with the highlight being a margin improvement in income mobility.

In other findings, 43.9 percent of households surveyed reported a decrease in income for 2018, compared to 2017, while 48.9 percent (up from 35.6 percent) said their income situation was stabilizing.

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