People at risk of poverty or social exclusion

28 Nov

Il documento 27 nov. 2014

Immagine

Eurostat, March 2014

The database shows that up to and including 2012 poverty increased almost everywhere in the EU, aside for Romania and Poland which devaluated their currencies, for one thing, and which were more or less shunned by the banks before 2008 because of the fragmented nature of their financial systems which meant that financial bubbles were largely absent. Important points: (a) Increases were often large, (b) differences in levels between countries are large and (c) poverty increased almost everywhere, especially in austerity countries (countries marked with an asterix showed a decline of poverty in 2012).

 

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