×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Wednesday
31
Dec 2025
weather symbol
Athens 6°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

Deletions of inactive students from Greek universities reach 228,000

December 31, 2025

Île flottante with melomakarono flavor

December 31, 2025

The first time Zelensky showed willingness to leave 20% of Ukraine

December 31, 2025

EU calls on Iran to release Nobel Peace Prize laureate Mohammadi

December 31, 2025

Bloomberg: Warner Bros. prepares to reject Paramount’s offer next week

December 31, 2025

Which roads are open despite the farmers’ blockades and where diversions are in place – see the full details

December 31, 2025

New Year’s Eve celebrations for everyone in Athens with Foureira, Maravegias, Morfi, and spectacular drone shows

December 31, 2025

Tsiaras’ report for 2025: a difficult year for the primary sector ends with 3.8 billion euro payments

December 31, 2025
All News

> Economy

PPC: Stable prices in household tariffs in January despite the rise in wholesale prices

In low charging zones, the green tariff price also remains fixed at 0.125 €/kWh

December 31, 2025

All financial measures for the next 18 months, who will benefit: Detailed implementation timeline

December 31, 2025

Stock Exchange: March 2010 levels, “running” at 44.3% this year

December 30, 2025

Greece attracts buyers from 110 countries – €1.5 billion in revenue from property sales

December 30, 2025

Greece “saves” €2.2 billion by reducing its current account deficit

December 30, 2025
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2025 Πρώτο Θέμα