Poverty risk in Greece

first_imgThirty-one per cent of Greeks are at risk of living in poverty and social exclusion, according to statistics published last week and based on data from 2011. The Regional Yearbook published by Eurostat showed that the poverty risk in Greece is well above the European Union average of 24.3 per cent. The country has since suffered another two years of recession. However, Greece was in better shape than its Balkan neighbours Bulgaria and Romania, which came in at 49.1 and 40.3 per cent respectively. The lowest rate was scored in Holland at 15.7 per cent, data showed. According to Eurostat, being at risk of poverty and social exclusion means having a disposable income that is below the threshold of 60 per cent of the national average disposable income, being severely materially deprived or living in a household with underemployed members. Source: ekathimerini Facebook Twitter: @NeosKosmos Instagramlast_img read more