The Labour Institute of the General Confederation of Greek Workers in collaboration with ALCO conducted a research showing a drop in purchasing power of employees.

According to the survey, three out of four employees saw their incomes decrease last year, one out of three say that their income was reduced further during the last quarter and four out of ten fear that their income will be further decreased in the next quarter.

One out of two employees had to withdraw money from their bank deposits, while 22% had to borrow money in order to cover their needs.

Also, due to the difficult economic situation in which most employees are, 22% of the employees will not go for a holiday this year, whereas 24% will go on vacation for fewer days than usually.