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Greek households’ savings are draining

11 May 17 - RE+D Magazine
Greek households’ savings are draining

COMPANIES

GAIAOSE S.A.

Agency - GREECE

NAI Hellas

Consultant - GREECE

ΕΡΡΙΚΟΣ ΑΡΩΝΕΣ

Investment - GREECE

IBI Group

Consultant - GREECE

ETAD.A.E.

Public entity - GREECE

PEOPLE

Antulio Richetta

Director IBI Group
Greek households' average savings rate is at the lowest level in the country's recent economic history, which combined with an increase in the share of private consumption as a percentage of GDP, means we spent 10.6 billion euros more than our incomes, the Federation of Hellenic Enterprises (SEV) said on Thursday.

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