Unfortunately in our country the amount of nonsense and conspiracy produced is much greater than that which can be consumed. As a result, there is always a reserve that allows constant contamination of public speech and the continuous supply of the public sphere with digestible, easy and damning «truths».
So over the last few days a new big, revealing and shocking one has been widely released «Really.»That 7 out of 10 Greeks have less than €1,000 at the bank. I really don't know who first released this. «disclosure», which is supposed to be based on data from the Deposit and Investment Guarantee Fund (CIF), since the 2025 account.
What matters is that opposition parties immediately adopted «new truth» which is directly related to their account of the failure of the following government economic policy, as well as the complete impoverishment of citizens.
However, apart from its political reading and interpretation «truth» testifying to the poverty of our country's citizens, the internet was overwhelmed by posts that made a different reading. A reading with investment extensions.
So we read that the conclusion from the fact that 7 out of 10 Greeks have less than €One thousand in the bank, that's all. «To increase our income» and that we should «Take a small piece of that income every month, and invest it. Even though €50. Even though €100.» I mean, better rich and healthy than poor and sick.
So the «disclosure», gave food to all kinds «financial influencers», or whatever they're called «finfluencers», creating content on financial issues in social media, especially TikTok, Instagram, YouTube and X.
The success of these accounts lies in the fact that they exploit diffuse economic illiteracy and «They sell.» alleged investment advice to truly ignorant people or young people who do not trust «System» and traditional certified consultants, since they believe everything is rigged. In fact, through their simplistic approaches, they promote dangerous or speculative investments without mentioning the risks or even selling products for remuneration received from platforms that promote and advertise.
We therefore see how the «disclosure» that 7 out of 10 Greeks have less than €1,000 in the bank was also used by politicians and by influencers. The first promises a political change that will alter the country's economic strategy and thus fill our bank accounts with euros. And the second promises magical recipes and «Tricks» In the case of €1,000 to make us rich.
However, both promises begin from a distorted assumption and a nonexistent basis. And this is none other than the incorrect reading of the TEC's report.
The TEC Report for 2025 records that 71% of the registered depositors retain a balance until €1,000. That is not really what this is about. «7 out of 10 Greeks», but for 7 out of 10 bank accounts. And here the difference is great.
How many bank accounts are in Greek banks?
As indicated in the ECJ's report, «with regard to the allocation of eligible depositors and deposits in tiers, it is noted that (a) the statistical display concerns deposits of each depositor in each bank separately rather than the total of his deposits in all banks and (b) many depositors have accounts in different banks and therefore the total number of depositors (31.8 million eligible depositors) is multiple of the country's population».
In short, the figures record ECU 31.7 million. «depositors»Almost 4 times the country's adult population. Since each depositor's relationship at each bank is calculated in the account separately. So 71% does not correspond to Greek depositors, but to Greek bank accounts. Since we all keep more than one bank account and even at different banks. Either because we changed a payroll account, or because we opened a new account with other beneficiaries, or because we opened an account we only use in case of an emergency and so on.
This is also described in the ECJ's report, which states that «When interpreting statistical data, it must be taken into account that depositors often, when changing banks, retain very low balances in the old bank, without closing their accounts in it.».
Therefore, the basis on which the new opposition political narrative and provision have been set up «investment incentives» It's rotten. And it starts with a completely misleading assumption.
And all right, «finfluencers» They're working people anyway. The opposition parties because they continue to stimulate the anger of citizens with «Fake data»Doesn't political adventure have its limits? Haven't we paid enough in recent years?
