×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Wednesday
25
Mar 2026
weather symbol
Athens 16°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by Cloudevo
> Economy

Every Greek owes (€30,000) double their annual income to foreign lenders

The analysis was based on an OECD study called "How's Life"

Newsroom February 21 07:02

Every Greek is burdened with a €29.700 debt to the country’s foreign creditors, which is double the average of their annual gross income, according to an SEV (Hellenic Federation of Enterprises) analysis based on the OECD’s “How’s Life” study.
Greece is ranked last (35th) with regard to the sustainability of prosperity in the future, with Portugal occupying the second last spot among the OECD 35 members-states.
The Scandinavian countries took the top four spots, with Sweden holding the first position.

Greece fared relatively better in the dimension called “Natural Capital” coming in 23rd but was the worst (35th) in the “economic capital” dimension due to foreign debt and the collapse of investment and banking financing in recent years.
It came in 4th and 5th from the bottom in social and human capital dimensions, respectively, according to SEV, which is a result of the lack of citizens’ trust in the institutions and the low quality of professional and cognitive skills of the population, respectively.

Ask me anything

Explore related questions

#foreign debt#Greek citizens#OECD report#srtudy
> More Economy

Follow en.protothema.gr on Google News and be the first to know all the news

See all the latest News from Greece and the World, the moment they happen, at en.protothema.gr

> Latest Stories

The great challenge of Humanity’s return to the Moon with Artemis II: The 4 astronauts, their new “home” and the enormous risks (photos)

March 25, 2026

Pavlos de Grece: Attended the March 25th military parade, “We have a strong homeland, what I saw lights up your soul”

March 25, 2026

Divine Liturgy in Lebanon for March 25th, “We are very afraid,” says Greek woman to protothema (video-photos)

March 25, 2026

The Grand Military Parade in Athens for March 25th (videos-photos)

March 25, 2026

Road closures today (25/3) in Athens: Traffic measures in the city center – What applies to the metro

March 25, 2026

Weather – March 25: Parades with rain and cloudiness, improvement from midday – New bad weather coming from Friday

March 25, 2026

IMF gives Greece a “large” thumbs-up: Surprise at resilience, praise for policies – But also recommendations

March 25, 2026

Trump’s proclamation for March 25: “We honor the wisdom and determination of the Greek people”

March 25, 2026
All News

> Greece

Road closures today (25/3) in Athens: Traffic measures in the city center – What applies to the metro

Due to the military parade taking place today for the celebration of the national anniversary, traffic measures are in effect for both the metro and tram

March 25, 2026

Weather – March 25: Parades with rain and cloudiness, improvement from midday – New bad weather coming from Friday

March 25, 2026

IMF gives Greece a “large” thumbs-up: Surprise at resilience, praise for policies – But also recommendations

March 25, 2026

Lawsuit filed against Tsagkarakis over forged Mytaras painting, complaints against him continue

March 24, 2026

Three new cases of foot-and-mouth disease in Lesbos bring the total to five

March 24, 2026
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2026 Πρώτο Θέμα