Monthly income lasts 19 days on average for most households

The Greek economy's scars from the decade-long financial crisis and the internal devaluation are more than obvious. Despite the slight improvement in certain income-related indexes, three in 10 households get by on an annual income of less than 10,000 euros, while pensions comprise the main source of income for almost half of all households, according to a survey published on Wednesday by the Institute of Small Enterprises of the Hellenic Confederation of Professionals, Craftsmen & Merchants (GSEVEE).

In this first survey after the completion of the bailout programs, GSEVEE found that 43.9 percent of households reported a decline in their incomes last year compared to 2017. Almost half of the households surveyed (48.9 percent) reported income stability, up from one in three (35.6 percent) in 2017, while 7.1 percent said they had seen an increase, up from just 2 percent in...

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