Oct 17, 2015, 11:53 AM

EU: 122 million people under threat from poverty

EU: 122 million people under threat from poverty

BRUSSELS, Oct. 17 (MNA) – At least 24,4 percent of the population in the European Union, some 122 million people, are at risk of poverty or social exclusion, reported the European Commission in the wake of a statistical analysis of 2014.

According to EU estimates, one of every four Europeans are threatened by poverty, though the decline in survival conditions varies from one country to another.

The crisis hit specially hard southern Europe, mainly Greece and Spain, according to statistics in the study.

The report takes into account the situation of people whose total household income is lower than 60 percent of the national average in the given territory.

In 2008-2014, the rate of citizens exposed to destitution and exclusion in Greece rose to 7.9 percent while in Spain the increase was of 4.7 percent, said the report.

At the end of 2014, the threat of poverty extended to 36 percent of the Greeks and 40.2 percent of the Rumanians while the percentage in Bulgaria reached 40.1.

In a comparative analysis with 2013, the risk of falling into poverty shows a stable trend within the European Union, but continues above data registered before the economic-financial crisis started in 2008, when the rate per capita was of 23.8 percent.

For Germany and France, the major powers in the Eurozone, the numbers show some stability, though this means precariousness for 20.6 and 18.6 percent of their respective populations.

According to the analysis, the less unfavorable situations in 2014 are suffered by the Czech Republic, with 14.8 percent of the inhabitants risking poverty or exclusion; Sweden (16.9), the Netherlands (17), Finland (17.3) and Denmark (17.8).

 

hr/rma/rc/mjm

PL-47/MNA

 

News Code 111100

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