Latest / Greece News Today | 2 Min News | The Daily News Now!
Greeks Spend More on Food and Travel | Greece News
Greek households are spending more than half their income on food, dining out, and transport — a stark contrast to the rest of the EU where housing dominates budgets. Food alone eats up nearly 19% of spending, with restaurants and hotels at 18%, while transport hits 16%. Housing costs in Greece are unusually low at just over 11%, leaving families to splurge on tourism-driven expenses. Meanwhile, recreation spending nearly doubled, but insurance and financial services plummeted by more than half. The real shocker? In Athens, rent for a one-bedroom apartment can swallow up 70% of income — and…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.