An OECD report highlights a staggering 69% rise in Greek housing prices since 2017, worsening the affordability crisis for local families. With nearly 27% of households spending over 40% of their income on housing—compared to a eurozone average of 9.4%—Greece faces the highest housing cost burden in the EU. The report also examines the impact of foreign buyers, rising mortgage risks, and government measures like the golden visa reforms and renovation subsidies.
Tag: Eurostat data
In 2023, Greece recorded one of the shortest average working life durations in the European Union, with significant gender disparities. Greek women had an average working life of 30.6 years, well below the EU average of 34.7 years. This contrasts sharply with countries like Sweden and the Netherlands, which lead the EU with the longest working lives.