Fourteen years after a debt crisis that saw Greece nearly crash out of the euro, single parent Niki Klaoudatou says she worries more about money now than she did during the worst years of the country's economic meltdown.
, a cost-of-living crisis that is eroding earnings is foremost in voters' minds. For Klaoudatou it means voting for anyone but the incumbent conservative New Democracy or the opposition leftist Syriza.
It was a painful adjustment to get the country's finances back on track. Since its bailout programme ended in 2018, Greece hasFor many, however, that turnaround is only on paper. "The past 10 years has been static for workers and pensioners. Any improvement in growth hasn't been passed on to them yet," said Vlassis Missos, fellow researcher for the Greek Centre of Planning and Economic Research.A GPO poll on May 6 showed the ruling conservative New Democracy was set to get 36.9% of the vote on May 21, compared with 30.4% for leftist Syriza, its main rival. However, smaller parties including the once-dominant Socialist PASOK, were also gaining ground.
Eurostat, the EU's statistics agency, says 36.4 percent of Greeks had overdue bills in 2021, the highest proportion in the 27-member bloc. The share of people whose housing costs represent more than 40 percent of their disposable income was also the biggest in the EU, at 32.4% of Greek households compared to an EU average of 10.4%.
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