×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Saturday
24
Jan 2026
weather symbol
Athens 12°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 Shackled Men of Phaleron: This is what the space that will host the major archaeological find will look like – Photos

January 24, 2026

Weather: Storms and muddy rain arriving from Sunday – when Attica will be affected

January 24, 2026

Castello’s “odyssey” in the Mediterranean: A sea turtle from Greece found in Spain

January 24, 2026

According to Corriere della Sera, the US has proposed offering $800 billion and security guarantees to Zelensky in exchange for his agreement regarding Donbas

January 24, 2026

Chia seeds and quinoa vs. rice and pasta: Which are the healthier choices

January 24, 2026

Stefi: ‘The song I sent to Eurovision is about the unity of people across Europe

January 24, 2026

Owner of Crans-Montana tragedy bar released after posting over €200,000 bail

January 23, 2026

Greece–Türkiye: Cautious diplomacy ahead of the Cooperation Council

January 23, 2026
All News

> Elections september 2015

Varoufakis: Troika and Greek oligarchy ‘in bed’

Juncker is insignificant, says Varoufakis

September 23, 2015

Newly appointed minister D. Kammenos circulated doctored Auschwitz pic, 9/11 conspiracy theory

September 23, 2015

Popular Unity party to ask for recount of votes in 4 regions of Athens

September 23, 2015

New government sworn-in

September 23, 2015

German news agencies welcome the new government of Tsipras

September 23, 2015
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2026 Πρώτο Θέμα