Greek Household Savings in the Red – Distance From the EU at 17 Points
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4 Articles
The ability of households to save money is one of the key indicators of financial security. In Greece, however, the picture remains problematic, with the savings rate consistently below the European Union average and remaining negative in recent years. According to the latest Eurostat data, the […]
Greek household savings remain one of the weakest points in the economy, as the country continues to lag significantly behind the European average. In 2024, the gross savings rate in Greece stood at -2.5%, compared to 14.5% in the European Union, while the latest data for the first quarter of 2026 show a further deterioration. […]
The Economic & Social Analysis Circle of the ENA Institute publishes the new analysis of the Focus ENA | Economy series on household savings in Greece. Household savings is a key indicator of financial security. It is calculated as the part of disposable income that is not spent on consumption. When the indicator is negative, households as a whole consume more than their disposable income. The difference is covered by savings from previous years…
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