Crisis forces younger Greeks to live with parents

The economic crisis is cited as the main reason cited by 61 percent of the Greeks aged between 18 and 34 currently living with their parents, according to European Commissioner Androulla Vassiliou, who holds the for education, culture, multilingualism and youth portfolio. 

 

Vassiliou responded to a question by main opposition New Democracy (ND) MEP Georgios Papanikolaou concerning young peoples' inability to achieve economic independence as a result of the ongoing economic crisis. 

 

On the average, 46 percent of young adults in the EU, aged 18-34, live at least with one of their parents, while it appears that younger generation Greeks (61 percent), Hungarians (64 percent) and Portuguese (62 percent) tend to cite the lack of financial means more often than their piers in other member states.



ANA