Archive List for Greece economic crisis

Greeks struggle to afford food and electricity as inflation soars

Soaring inflation is hitting living standards across the developed world. And it is largely being driven by a rise in energy prices. In Greece, electricity prices alone trebled last year, and the government is spending more than $2bn subsidising energy costs for households, businesses and farmers. But some people still have to choose between eating and paying their power bills. Greek incomes were battered by an eight-year depression following the 2008 global financial crisis and they still have not recovered. Al Jazeera’s John Psaropoulos reports from Athens. – Subscribe to our channel: http://aje.io/AJSubscribe – Follow us on Twitter: https://twitter.com/AJEnglish – Find us on Facebook: https://www.facebook.com/aljazeera – Check our website: https://www.aljazeera.com/ […]