Inequality and redistribution in the Greek crisis | Zeitschrift LuXemburg

As we can see, in 2009 and 2010, the rate of poverty declined, while it increased steeply in 2011, as a growing section of the population was left out of the social safety net. By age group, 30.4% of children (0-17), 31.6% of adults (18-64) and 29.3% of the elderly (>65) were at risk of poverty in 2011. The parents’ educational level is an important factor, since children whose parents had acquired a high level of education faced a 7.9% risk of poverty, as opposed to 50.2% risk faced by children whose parents had a low level of education.15 The high poverty rate of Greek children is confirmed by the UNICEF report on child well-being, which ranks Greece in 25th place among 29 countries, taking into account material well-being, health and safety, education, behavior and risks and housing and environment.16

via Inequality and redistribution in the Greek crisis | Zeitschrift LuXemburg.

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