Open AccessFinancial literacy in Greece
Author(s) -
Eleni Tsami,
Georgios Symeonidis
Publication year - 2021
Publication title -
advances in management and applied economics
Language(s) - English
Resource type - Journals
ISSN - 1792-7544
DOI - 10.47260/amae/1145
Subject(s) - financial literacy , debt , financial crisis , poverty , financial system , business , finance , economics , economic growth , macroeconomics
AbstractIn an extremely turbulent fiscal situation, Greece has received financial help three times between 2010 and 2015. The Greek people have had a very large percentage of the income reduced since 2009, and have had to adapt very quickly to a new reality. This paper aims to shed light on the financial choices the Greek people made and to examine how well they can respond to urgent financial needs in a time when the Greek society has shifted towards poverty.Keywords: Financial literacy, Greek economy, Greek debt crisis.