“Deterioration of living standards for some time is inevitable” – Greek government spokesman

“A deterioration in the standard of living for some time is inevitable,” government spokesman Yiannis Ikonomou warned the Greeks on Sunday. “The quality of life of citizens is under threat of a sharp deterioration,” the spokesman said in an interview with Skai TV and in an article he published in the Sunday edition of the […]

The government will introduce "grocery cards"so that the population does not die of hunger

A new measure of support for the population, which is not surprising given the situation in which the country found itself under the Mitsotakis government, the prime minister is expected to announce in TIF, the introduction of “food cards”, that is, food rationing, so that the people of Greece can survive the coming difficult winter […]

Rising rents and skyrocketing inflation plunge Greeks into poverty

Rising rents are another factor affecting the financial situation of Greek city dwellers, along with rampant inflation, especially rising energy and food prices. According to a survey conducted among just over 1,000 respondents by the research and communications firm About People , almost half (47.8%) individual tenants are either having difficulty paying their rent or […]

Bloomberg predicts poverty for Europeans

For many Europeans, Bloomberg predicts a life of poverty in the near future. It cites data from NIESR, the UK National Institute for Economic and Social Research. According to disappointing forecasts, the number of Britons living in poverty will reach a million next year. And that’s just in one country. The reason is the continuing […]

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