Mar 19 • 11:55 UTC 🇬🇷 Greece Naftemporiki

27.5% of the population in Greece at risk of poverty or social exclusion by 2025 – What the comparison with other European countries shows

A report reveals that 27.5% of Greece's population is at risk of poverty or social exclusion, reflecting a slight increase from the previous year and highlighting ongoing social challenges.

According to data published by the Hellenic Statistical Authority (ELSTAT), 27.5% of Greece's population was at risk of poverty or social exclusion last year, which translates to approximately 2.8 million people. This figure represents a 0.6 percentage point increase from 2024, when the risk level stood at 26.9%. These alarming statistics align with the broader European context where efforts are being made to combat poverty under the Europe 2030 initiative, which aims to reduce the number of people at risk of poverty or social exclusion by 15 million by 2030, including 5 million children.

The reasons behind the increase in poverty risk in Greece can be attributed to various socioeconomic factors, including inadequate income growth, rising living costs, and the lingering impacts of previous financial crises. The ELSTAT's analysis draws on income and living conditions of households, providing a comprehensive look at how economic pressures have been reshaping the landscape of social welfare in Greece. This reflects deeper systemic issues that might undermine the effectiveness of existing welfare programs.

The implications of these findings are significant not only for policymakers in Greece but also for the European Union as a whole. The rising rates of poverty and social exclusion indicate challenges in achieving the targets set for the Europe 2030 initiative, which focuses heavily on social inclusion and economic resilience. As Greece grapples with these challenges, concerted efforts will be necessary to reverse these trends and ensure a more equitable society in the future.

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