Crisis: Cyprus; 240,000 people (1 in 4) at risk of poverty

Soup kitchens for the poor are increasing on the island

06 November, 09:23

    (ANSAmed) - NICOSIA, NOVEMBER 6 - The number of Cypriots at risk of poverty last year rose to 27.8% of the population, or 240,000 people, with the number of materially deprived also rising compared to five years earlier as Cyprus Mail online reports quoting data from Eurostat released yesterday. Charting social trends throughout the European Union last year, Eurostat said more than 120 million persons, or 24.5% of the EU population, were at risk of poverty or social exclusion. In the case of Cyprus, Eurostat said, 27.8% of the population were at risk of either poverty, were severely materially deprived, or lived in households where adults worked less than 20% of their total work potential. In the severely materially deprived category, Cyprus registered a 7 point increase to 16.1% as those whose living conditions were constrained by lack of resources, such as not being able to pay their bills or keep their home warm. In that category, the EU average was 9.6%. At 7.9%, Cyprus was lower in the “low work density” category of persons working below potential compared to the EU average of 10.7%. Greece ranked the highest with an 18.2% rate of households where adults worked less. The survey showed that those facing the highest risk of poverty were Bulgarians, at 48%, followed by Romania at 40.4% and Greece, at 35.7%. (ANSAmed).

    © Copyright ANSA - All rights reserved

    Business opportunities

    The information system of business
    opportunities abroad

    News from Mediterranean