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Tue, Oct

Six in 10 Greeks Borrow to Pay Their Bills

Six in 10 Greeks Borrow to Pay Their Bills

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Six in 10 Greeks have borrowed money or used a credit card to pay a bill in the past six months, according to the 2026 European Consumer Payment Report published by Intrum.

The report highlights growing financial pressure on households across Greece and Europe, with payment delays and reliance on borrowing increasing after two years of improvement.

Across Europe, nearly one in three consumers, or 29%, said they had paid at least one bill late during the previous 12 months. Meanwhile, 56% said they had borrowed money or used a credit card to pay a bill during the past six months, the highest level recorded since 2019.

Financial pressure varies across households

The report identifies three main trends in consumer finances.

Many European consumers continue to manage their financial obligations despite prolonged economic uncertainty. However, this resilience varies considerably between consumers and markets, while payment delays and reliance on borrowing are increasing.

Consumers also differ significantly in their ability to absorb unexpected expenses and manage rising costs. Some are becoming increasingly

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