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By Phantis Published on Jul 21, 2017
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Phantis

Greeks lost 40% of their wealth in the years (2009-2014) a period of financial crisis. The fact is mainly attributable firstly, to the decline in the value of real estate, and secondly, to the bank deposits, says a Bank of Greece (BoG) survey.

The purpose of the study is to investigate whether the crisis affected the financial situation of Greek households at the microeconomic level in the period 2009-2014, the Bank of Greece stressed in its Economic Bulletin.

The average annual household income has declined at 26% in 2009-2014, which combined with the increased taxation led to a significant reduction in consumption by 27%.

Finally, the proportion of households who reported that their expenses are lower than their income decreased by 21.9% in 2009 to 13.5% in 2014, according to the Bank of Greece (BoG).

 

Source: ERT

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Greek household income declined by 40% in 2009-2014
Phantis

Greeks lost 40% of their wealth in the years (2009-2014) a period of financial crisis. The fact is mainly attributable firstly, to the decline in the value of real estate, and secondly, to the bank deposits, says a Bank of Greece (BoG) survey.

The purpose of the study is to…

Strong quake rattles Turkey, Greek islands; at least 2 die on Kos
Phantis
A powerful earthquake sent a building crashing down on tourists at a bar on the Greek holiday island of Kos and struck panic on the nearby shores of Turkey early Friday, killing two people and injuring some 200 people.

Rescue authorities said two men from Turkey…

FLASH NEWS

NEWS

Greek household income declined by 40% in 2009-2014
Phantis

Greeks lost 40% of their wealth in the years (2009-2014) a period of financial crisis. The fact is mainly attributable firstly, to the decline in the value of real estate, and secondly, to the bank deposits, says a Bank of Greece (BoG) survey.

The purpose of the study is to…

Strong quake rattles Turkey, Greek islands; at least 2 die on Kos
Phantis
A powerful earthquake sent a building crashing down on tourists at a bar on the Greek holiday island of Kos and struck panic on the nearby shores of Turkey early Friday, killing two people and injuring some 200 people.

Rescue authorities said two men from Turkey…

SHORT

NEWS

Greek household income declined by 40% in 2009-2014
Greeks lost 40% of their wealth in the years (2009-2014) a period of financial crisis. The fact is mainly attributable
Police clash with migrants at Lesvos Camp for 2nd time in a week
Police were dispatched to the Moria reception center on Lesvos on Tuesday afternoon following clashes between groups of migrants in
Experts see rise in ‘Fake News’ ahead of Kenya election
With less than 20 days to the August polls Kenya is grappling with an increase in fake news. The study

SHORT

NEWS

Greek household income declined by 40% in 2009-2014
Greeks lost 40% of their wealth in the years (2009-2014) a period of financial crisis. The fact is mainly attributable
Police clash with migrants at Lesvos Camp for 2nd time in a week
Police were dispatched to the Moria reception center on Lesvos on Tuesday afternoon following clashes between groups of migrants in
Experts see rise in ‘Fake News’ ahead of Kenya election
With less than 20 days to the August polls Kenya is grappling with an increase in fake news. The study
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Phantis
A powerful earthquake sent a building crashing down on tourists at a bar on the Greek holiday island of Kos and struck panic on the nearby shores of Turkey early Friday, killing two people and injuring some 200 people.

Rescue authorities said two men from Turkey and Sweden died in the collapse at the White Corner…

Greeks lost 40% of their wealth in the years (2009-2014) a period of financial crisis. The fact is mainly attributable ...
/ Jul 21
Greeks lost 40% of their wealth in the years (2009-2014) a period of financial crisis. The fact is mainly attributable ...
/ Jul 21
Greeks lost 40% of their wealth in the years (2009-2014) a period of financial crisis. The fact is mainly attributable ...
/ Jul 21
Greeks lost 40% of their wealth in the years (2009-2014) a period of financial crisis. The fact is mainly attributable ...
/ Jul 21

SHORT

NEWS

Greek household income declined by 40% in 2009-2014
Greeks lost 40% of their wealth in the years (2009-2014) a period of financial crisis. The fact is mainly attributable
Police clash with migrants at Lesvos Camp for 2nd time in a week
Police were dispatched to the Moria reception center on Lesvos on Tuesday afternoon following clashes between groups of migrants in
Experts see rise in ‘Fake News’ ahead of Kenya election
With less than 20 days to the August polls Kenya is grappling with an increase in fake news. The study

SHORT

NEWS

Greek household income declined by 40% in 2009-2014
Greeks lost 40% of their wealth in the years (2009-2014) a period of financial crisis. The fact is mainly attributable
Police clash with migrants at Lesvos Camp for 2nd time in a week
Police were dispatched to the Moria reception center on Lesvos on Tuesday afternoon following clashes between groups of migrants in
Experts see rise in ‘Fake News’ ahead of Kenya election
With less than 20 days to the August polls Kenya is grappling with an increase in fake news. The study

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Greek household income declined by 40% in 2009-2014
Greeks lost 40% of their wealth in the years (2009-2014) a period of financial crisis.
Phantis
Strong quake rattles Turkey, Greek islands; at least 2 die on Kos
ATHENS, GREECE — A powerful earthquake sent a building crashing down on tourists at a bar
Phantis

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Greek household income declined by 40% in 2009-2014

Greeks lost 40% of their wealth in the years (2009-2014) a period of financial crisis. The fact is mainly attributable firstly, to the decline in the value of real estate, and secondly, to the bank deposits, says a Bank…

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Phantis 6, Apr 5 mins
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Phantis

Comics, including Samantha Bee and Seth Meyers, discuss Donald Trump’s close relationship with the network and his daughter Ivanka’s role in the White House


This article titled “Late-night hosts on Fox News: ‘The closest we have to state TV'” was written by Guardian staff, for theguardian.com on Thursday 6th April 2017 15.58 UTC

Late-night hosts took aim at Trump’s close relationship with Bill O’Reilly and discussed his daughter Ivanka’s role in the White House.

On The Late Show, Stephen Colbert talked about how the president had “stuck his finger into O’Reilly’s sticky situation”, referring to the Fox News pundit’s sexual harassment suits that the network settled to the tune of m.

When asked about O’Reilly, Trump claimed he wasn’t guilty. Colbert joked: “What happened to innocent until proven to have m?”

He continued: “The m might be the tip of the iceberg, although the tip is the most sensitive part of the iceberg.”

He went on to address Trump: “You just declared April ‘Sexual Assault Awareness Month’, and there are two accusations of sexual assault that I’m aware of: Bill O’Reilly’s and yours.”

Colbert also found time to discuss Ivanka Trump’s recent interview in which she addressed her influence on her father’s policies, stating that she hadn’t been elected by the American people. “To be fair, your father wasn’t elected by the…

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0 5 secs
Phantis

Greeks lost 40% of their wealth in the years (2009-2014) a period of financial crisis. The fact is mainly attributable firstly, to the decline in the value of real estate, and secondly, to the bank deposits, says a Bank of Greece (BoG) survey.

The purpose of the study is to investigate whether the crisis affected the financial situation of Greek households at the microeconomic level in the period 2009-2014, the Bank of Greece stressed in its Economic Bulletin.

The average annual household income has declined at 26% in 2009-2014, which combined with the increased taxation led to a significant reduction in consumption by 27%.

Finally, the proportion of households who reported that their expenses are lower than their income decreased by 21.9% in 2009 to 13.5% in 2014, according to the Bank of Greece (BoG).

 

Source: ERT

MORE ARTICLES

Strong quake rattles Turkey, Greek islands; at least 2 die on Kos
ATHENS, GREECE — A powerful earthquake sent a building crashing down
Police clash with migrants at Lesvos Camp for 2nd time in a week
Police were dispatched to the Moria reception center on Lesvos
Experts see rise in ‘Fake News’ ahead of Kenya election
With less than 20 days to the August polls Kenya