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Household staples keep getting dearerDespite the prolonged deflation, basic goods are costing Greek households more, a survey by the Hellenic Statistical Authority (ELSTAT) has suggested. Of the 54 food, house cleaning and hygiene products ELSTAT monitors, the cost of 31 has gone up from January 2011 to August 2014, at rates reaching as high as 13.75 percent.In the last 44 months the price of milk has gone up by 8.25 percent, yogurt has become 8.76 percent more expensive, feta cheese has grown 5.34 percent and other cheese by 5.72 percent.Meat, fresh and frozen, has undergone price hikes, with beef climbing 5 percent since early 2011, while fresh and frozen fish has seen its price head upstream by 6 percent. Eggs have become 8.87 percent more expensive, but the leader is nuts, which have become 13.75 percent dearer, at a time when Greeks have suffered the most dramatic decline in their disposable income in recent decades.
Greeks at risk of poverty remains at 23.1 pct in 2013The proportion of Greeks living at the risk of poverty remained unchanged at 23.1 percent last year, the same as in 2012.There was a rise, however, in the percentage of the population at risk of poverty and social exclusion. This figure increased from 34.6 percent in 2012 to 35.7 percent last year.
The government is due to unveil on Tuesday its plans for an extended pilot scheme introducing a guaranteed minimum income to several parts of Greece.Under the program, people living on their own will receive 200 euros per month. Couples will get 300 euros plus another 50 euros for each child under the age of 18. If they have children over 18, the amount will increase to 100 euros.The scheme will apply to individuals or families who have no other source of income. People with small incomes will be able to apply but they will receive a smaller benefit.
..and where will this money come from?
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Topic: The cost of existing (Read 9536 times)
