European Central Bank: Social Inequalities in Greece Have Widened Since the Debt Crisis

economiematin.fr

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The sovereign debt crisis has widened wealth gaps in Europe. An analysis published on 11 November by ECB economists shows why the fall in real estate prices left lasting traces in six countries.

Hospodárske Noviny

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The eurozone debt crisis was not just a story of Greek bonds, bailouts and nervous finance ministers. It was a huge machine for redistributing wealth. Not through tax returns, but through house prices, stock values, unemployment, savings and debt. --- Slovak society is egalitarian. For...

The Press Project

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The distribution of wealth in Greece and the rest of the European Union hit by the public debt crisis has become even more unequal than it already was, according to the European Central Bank. Read here ⇛

enikos.gr

enikonomia.gr

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enikonomia.gr

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New research by ECB economists reveals that the debt crisis has widened inequality in the distribution of wealth, with the share of the richest 10% rising to 51.8% in 2023 from 46% in 2010. In the group of six countries most affected, including Greece, the Gini coefficient increased to 65.9 points, as the collapse of house prices, the decline in home ownership and the depletion of savings disproportionately burdened the lower classes.

pelop.gr

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The ECB records persistent wealth inequality in Greece and five other countries. The share of the richest 10% in the group of six is at 51.8% in 2023.

Newsit.gr

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Wealth inequality in Greece remains high, with the debt crisis, real estate and inflation widening the gap between households, ... The article ECB: Economic gap between households in Greece – The debt crisis widened social inequalities was published in NewsIT.