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60% of Greeks collect deposits to cover expenses

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60% of Greeks collect deposits to cover expenses

Nearly 6 in 10 Greek consumers say they are “collecting” some of their savings because wave of appreciation reduces their monthly disposable income. However, compared to other countries EUROPEAN UNION.percentage of Greeks who claim that they struggle to pay their billswhile nearly 8 out of 10 admit to changing their lifestyle habits to save energy and cut costs.

According to the scoreboard consumer habits (Consumer Conditions Scoreboard), published by the European Commission and based on data from a survey of European citizens in October and November 2022, over the past six months, 37% of European consumers have used savings, mainly due to inflation and a general increase in the cost of living. Especially for Greece in 2022 when inflation there was a big increase, this percentage was 58%, while our country ranked first in the corresponding table. They are followed by Malta and Cyprus, while Croats use their savings less (16%). It is also recalled that inflation in Greece reached 12% in September 2022.

According to the survey, approximately 50% of European consumers express serious concerns about the ability to pay their bills, this percentage is much higher than 60% in the case of Greek consumers, while at least one in five consumers in Europe are worried about paying their bills. such as a mortgage. Reflexively, as you might expect, European consumers have reacted to the wave of growth they saw last year by changing their consumer behavior in order to save energy in the home. Thus, 7 out of 10 European consumers have changed their habits to to reduce energy consumption, with the corresponding percentage increasing to 77% when it comes to Greek consumers. At the same time, almost 3 out of 10 consumers in Europe out of 27 member countries said they are seeking government subsidies to improve the energy efficiency of their home, with 42% of Greek consumers agreeing. Regarding the impact of fuel costs on the daily use of vehicles, 28.4% of Europeans answered that they have changed their habits, and this percentage rises to 37.7% in the case of Greek consumers.

Author: Miss Conti

Source: Kathimerini

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