{"id":118134,"date":"2023-11-06T07:30:17","date_gmt":"2023-11-06T05:30:17","guid":{"rendered":"https:\/\/tietopankki.crnet.fi\/fi\/news\/greece-cost-of-living-crisis-hits-ordinary-households-hard\/"},"modified":"2023-11-06T07:30:17","modified_gmt":"2023-11-06T05:30:17","slug":"greece-cost-of-living-crisis-hits-ordinary-households-hard","status":"publish","type":"post","link":"https:\/\/tietopankki.crnet.fi\/en\/news\/greece-cost-of-living-crisis-hits-ordinary-households-hard\/","title":{"rendered":"Greece: Cost of living crisis hits ordinary households hard"},"content":{"rendered":"<div class=\"mp_wrapper\">\n  <div class=\"mepr-unauthorized-message\">\n    <p>You are unauthorized to view this page.<\/p>\n  <\/div>\n  <div class=\"mepr-login-form-wrap\">\n            \n<div class=\"mp_wrapper mp_login_form\">\n                  <!-- mp-login-form-start -->     <form name=\"mepr_loginform\" id=\"mepr_loginform\" class=\"mepr-form\" action=\"https:\/\/tietopankki.crnet.fi\/en\/login-2\/\" method=\"post\" data-trp-original-action=\"https:\/\/tietopankki.crnet.fi\/en\/login-2\/\">\n            <div class=\"mp-form-row mepr_username\">\n        <div class=\"mp-form-label\">\n                              <label for=\"user_login\">Username<\/label>\n        <\/div>\n        <input type=\"text\" name=\"log\" id=\"user_login\" value=\"\" \/>\n      <\/div>\n      <div class=\"mp-form-row mepr_password\">\n        <div class=\"mp-form-label\">\n          <label for=\"user_pass\">Password<\/label>\n          <div class=\"mp-hide-pw\">\n            <input type=\"password\" name=\"pwd\" id=\"user_pass\" value=\"\" \/>\n            <button type=\"button\" class=\"button mp-hide-pw hide-if-no-js\" data-toggle=\"0\" aria-label=\"Show password\">\n              <span class=\"dashicons dashicons-visibility\" aria-hidden=\"true\"><\/span>\n            <\/button>\n          <\/div>\n        <\/div>\n      <\/div>\n            <div>\n        <label><input name=\"rememberme\" type=\"checkbox\" id=\"rememberme\" value=\"forever\" \/> Remember Me<\/label>\n      <\/div>\n      <div class=\"mp-spacer\">&nbsp;<\/div>\n      <div class=\"submit\">\n        <input type=\"submit\" name=\"wp-submit\" id=\"wp-submit\" class=\"button-primary mepr-share-button\" value=\"Log In\" \/>\n        <input type=\"hidden\" name=\"redirect_to\" value=\"\/en\/wp-json\/wp\/v2\/posts\/118134\" \/>\n        <input type=\"hidden\" name=\"mepr_process_login_form\" value=\"true\" \/>\n        <input type=\"hidden\" name=\"mepr_is_login_page\" value=\"false\" \/>\n      <\/div>\n    <input type=\"hidden\" name=\"trp-form-language\" value=\"en\"\/><\/form>\n    <div class=\"mp-spacer\">&nbsp;<\/div>\n    <div class=\"mepr-login-actions\">\n        <a\n          href=\"https:\/\/tietopankki.crnet.fi\/en\/login-2\/?action=forgot_password\"\n          title=\"Click here to reset your password\"\n        >\n          Forgot Password        <\/a>\n    <\/div>\n\n      \n    <!-- mp-login-form-end --> \n  <\/div>\n      <\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<div class=\"smart_content_wrapper\">\nGreece has recovered from the financial crisis and is once again deemed creditworthy. But soaring inflation is putting ordinary households under immense pressure.<\/p>\n<p>&#8220;The money I now spend in the supermarket to buy three day&#8217;s worths of food for my family, last year was enough for an entire week&#8217;s worth of groceries,&#8221; Anna Petropoulou told DW. For the 49-year-old Greek mother of three, visiting the supermarket is full of unpleasant surprises as the cost of living soars. Together with her husband, Petropoulou earns fairly well by Greek standards, and the family lives in a condo. But the dramatic rise in food and fuel prices is forcing them to carefully watch their spending \u2014 it is a bit like a return of the 2010 financial crisis.<\/p>\n<p>Today, a 500-gram bag of coffee costs at least \u20ac2 more than last year. Milk and yoghurt are twice as expense, most kinds of bread and eggs costs about 30% more. Even feta, a popular Greek cheese, is now \u20ac12 a kilo, that&#8217;s \u20ac3-4 euros more than six months ago. &#8220;I feel poor when I visit the supermarket,&#8221; Petropoulou said. While she thinks Greek Prime Minister Kyriakos Mitsotakis is doing a good job, she gets angry when he claims Greece is making economic progress. &#8220;Apparently, I am living in a different country,&#8221; she said.<\/p>\n<p>Mitsotakis is convinced Greece is on the right track. &#8220;Greece is now one of the fastest growing economies in Europe, with increasing employment, falling inequalities and improving public finances,&#8221; he said at a recent meeting of the governing council of the European Central Bank (ECB) in Athens with ECB President Christine Lagarde in attendance. &#8220;Staying in the euro was not easy, but Greece is undoubtedly a story of success,&#8221; he added.<\/p>\n<p>Statistics show that the cost of vegetables rose by 17,7% in September, with fruit 13,9% more expensive. Kefala, who earns about \u20ac1,100 per month and cannot expect a wage increase anytime soon, is struggling to make ends meet. Greek supermarket chains, meanwhile, are seeing their revenue grow, although customers are turning to cheaper brands. And while consumers are cutting costs, they simply cannot avoid buying everyday products such as toiletries or detergents.<\/p>\n<p>To help consumers, Greek authorities have drawn up a list of 51 basic items such as rice, milk, yogurt, spaghetti, pulses, flour, toilet paper and soap. This list is sent to every large Greek supermarket by the economic ministry, obliging stores to clearly mark out the most affordable of these products so consumers can find them. Greek supermarket with a turnover of \u20ac90 million are obliged to implement these measures, whereas smaller ones can choose to participate.<\/p>\n<p>Source: DW<\/p>\n<\/div>\n<p>The post <a rel=\"noopener\" href=\"https:\/\/vastuullisuusuutiset.fi\/fi\/csr-news-en\/119708\/\">Greece: Cost of living crisis hits ordinary households hard<\/a> appeared first on <a rel=\"noopener\" href=\"https:\/\/vastuullisuusuutiset.fi\/fi\">Vastuullisuusuutiset.fi<\/a>.<\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[22],"tags":[555],"class_list":["post-118134","post","type-post","status-publish","format-standard","hentry","category-news","tag-csr-news-en"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/posts\/118134","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/comments?post=118134"}],"version-history":[{"count":0,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/posts\/118134\/revisions"}],"wp:attachment":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/media?parent=118134"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/categories?post=118134"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/tags?post=118134"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}