(ANSAmed) - ATHENS, DECEMBER 6 - The Labor Institute of
Greece's two main unions, GSEE and ADEDY, highlighted in a
report on Wednesday the decline of Greek average wages as a
result of the economic crisis, saying that over the last two
years they have slipped from 84% of the European Union average
to 74%. However, during the same period, the purchasing power
associated with the average wage in Greece has halved. The
institute, as Kathimerini reports, also found that roughly one
in two Greeks had an income lower than 4,871 euros per year and
was threatened by poverty. Just over 44% of unemployed Greeks
live in poverty. (ANSAmed).
