×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Sunday
29
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

Severe weather approaching: Heavy rain and strong winds expected Tuesday and Wednesday in Attica and 6 other regions – What 4 meteorologists say

March 29, 2026

Why the Houthis entered the war now: A message to the US not to proceed in the Red Sea and Hormuz

March 29, 2026

The truth about 25-year-old Noelia’s euthanasia – A wave of outrage throughout the world for Spain’s stance on the issue

March 29, 2026

The US is preparing for weeks of ground operations in Iran with 17,000 troops – The Houthis threaten new strikes in the coming days (Update)

March 29, 2026

Ross “The Boss” Friedman, founding guitarist with Manowar and The Dictators, dead at 72

March 28, 2026

The great singer Marinella has passed away (videos)

March 28, 2026

James Tolkan, known for “Back to the Future” & “Top Gun,” dies at 94

March 28, 2026

In the Tel Aviv area hit by a cluster bomb, a 60-year-old man dies after failing to reach a shelter (video)

March 28, 2026
All News

> Diaspora

Honoring freedom and democracy: American Hellenic Institute marks Greek Independence Day

Nick Larigakis highlights the enduring influence of Hellenic ideals and calls for vigilance in defending democracy and the rule of law

March 26, 2026

A journey of resilience and legacy: An evening with Max Nikias in Washington, D.C.

March 26, 2026

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

March 25, 2026

Ignorance is the greatest sin – Why education is sacred across civilizations

March 24, 2026

THI expands $2M+ investment in ReGeneration

March 20, 2026
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2026 Πρώτο Θέμα