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20,202 euro was the average income of a Greek family in 2011

04 September 2012 / 14:09:49  GRReporter
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The postcode could be an indicator of family wealth. This became clear from the analysis of tax returns for 2011 made by the Greek Ministry of Finance. The examination of tax returns of 5,681,280 taxpayers living in 1,306 towns and villages across the country shows that the wealthiest Greeks live in the wealthy suburbs of Athens whereas the poorest ones reside in mountain villages in northern Greece and the smaller islands.
    For example, 15 families living in the Athens suburb of Psychiko declared income of over 544,602 euro in 2011. The average income of the residents of this aristocratic district exceeds 500,000 euro per year. The properties in Psychiko are leafy, each has a private garden, there are no restaurants and shops in the neighbourhood and the streets are one-way with many roundabouts. There are the residences of many diplomatic missions, including that of Bulgaria. The elite College of Athens, where the children of the Greek upper class study is in Psychiko too.
    With an average family income of 122,879 euro in 2011, Ekali ranks the second richest suburb. It is located north of Athens along the road to the historic village Marathonas. Ekali is an area of summer houses and many celebrities like singer Anna Vissi have houses there. The famous pink villa, which the leader of PASOK at that time Andreas Papandreou built for his young wife Dimitra Liani is in Ekali as well. The total number of taxpayers in the luxury neighbourhood is 2,883 people.
    The ranks of the wealthiest neighbourhoods include the central Kolonaki too. Former Prime Minister Costas Simitis lives there and the most famous Greek law firms and offices of the best plastic surgeons are also located there. Among the wealthy are the northern Athens suburb Kifissia and the southern coastal districts Ano Glyfada, Voula and Vouliagmeni.
    What is the picture on the other pole? The poorest proved to be the Rhodope village of Organi, where the average family income in 2011 was 8,620 euro. 771 families live in the village. Next are the small islands of the Dodecanese archipelago – Lipsi, Agathonisi, Archi and Maratos, where the average family income in 2011 was 9,573 euro. Third on the list of the poorest are the families of Vassiliki village near Ioannina, where the average income in 2011 was 9,959 euro.
    According to the processed data, the average annual income of a Greek family was 20,202 euro in 2011. For the first time, the Greek Ministry of Finance processed the tax returns by the taxpayer's postcode, and as you can see, the results are obvious. Tax experts believe that the data are a strong tool in the hands of authorities against tax evaders. For example, if someone lives in Psychiko or Ekali and declares income below the taxable minimum, this person will surely attract the attention of tax authorities.

The results of the analysis by the Ministry of Finance became the subject of ridicule on the social network Twitter. "If the declared income is the real one, with 50,000 euro a year one should be among shipping tycoons," a well-know journalist commented there.

Tags: Weralthy GreeksTax returnsPalaio PsychikoEkaliConcealment of income
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