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ATHENS – More than four years deep into what’s remaining of two bailouts of 240 billion euros ($317 billion) nearly one in four Greeks is still at risk of poverty.

The 23.1 percent rate hasn’t changed since 2012, when Prime Minister and New Democracy Conservative leader Antonis Samaras was elected on a promise to make people’s lives better.

He said the end of an economic crisis is near but the austerity measures he imposed on orders of international lenders created record unemployment and deep poverty that can’t be shaked.

Those defined as being at risk of poverty were individuals having to get by on less than 5,023 euros during the year or two-adult househoulds with two children under 14 making to with less than 10,547.

There was a rise, however, in the percentage of the population at risk of poverty and social exclusion. This figure increased from 34.6 percent in 2012 to 35.7 percent last year.

The post High Poverty Unshakeable in Greece appeared first on The National Herald.

Source: The National Herald
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