4.

4. The impact of the crisis on households in Greece

The impact of the crisis on households in Greece

How have the implications of the economic crisis and the related austerity measures impacted on the lives of Greek residents? This chapter takes a look at the experience of Greek households in coping with recent challenges, and how the crisis has affected their material and subjective well-being and their trust in political institutions.

Almost
44%
of Greek households saw their wages or pensions reduced during 2010-16.

About
24%
of Greek respondents are currently satisfied with their life.

Around
70%
of Greek respondents think political parties are to blame for the economic crisis.