Over half of financial decision makers in Greece view the current economy as weak, and 40 percent expect it to further weaken in the next three months. Over half the consumers have reported decreased income and savings, but only just over one third have decreased household spending. 65 percent of consumers are concerned about their job, and a similar amount have less than 4 months of savings. Almost 30 percent of consumers feel their banks are performing under expectations, and many would like an improved website to allow seamless online transactions for all banking activities. While usage across all other payment vehicles is done, over half cite increased usage of electronic payments for purchases. Overall, close to 85 percent of consumers are either unsure or pessimistic about economic conditions after the COVID-19 crisis.
Financial decision-maker sentiment: Greece
An ongoing look at how the attitudes of financial decision makers in Greece are evolving during the COVID-19 pandemic.