Greeks Saving On Food To Pay Energy Bills - Survey

A growing number of Greeks are cutting back on food to pay their taxes and energy bills, a survey by the General Confederation of Greek Workers and the Labor Institute has shown.

When asked if rising prices had forced them to spend less on basic food items, 20% of respondents answered “much less” and 51% answered “less,” while a quarter reported “little” change in their spending habits and only 4% said the situation had not changed for them at all.

“The Greek economy and society, after years of austerity, are facing a new wave of price increases and revaluation of basic goods, and stagnant incomes threaten the purchasing power of many households and social groups,” the authors of the survey conclude.