Romania and Bulgaria, the EU members with the biggest poverty and social exclusion risk

Newsroom 19/08/2016 | 11:00

Romania and Bulgaria share the first place in the European Union, ranked by poverty risk and social exclusion, with 40 percent of the total population in this situation in 2014, according to Eurostat, the statistics office of the EU.

„24.1 percent of the total EU population was in poverty risk and social exclusion in 2014. In Czech Republic 14.8 percent of the population was at risk, in Netherlands 16.5 percent and in Sweden 16.9 percent, less than a half compared to Romania and Bulgaria, ” according to the Eurostat release.

According to the study, there are differences in 2014 compared with 2008 in the member states.

„Some countries made a real progress in the integration of the most vulnerable members of society. The reduction in the number of people in poverty risk and social exclusion varies between 0.1 percentage points to 5.8 percentage points. The state members that registered the biggest progress are Poland (a decrease of 5.8 percentage points to under 25 percent), Romania (with 0.4 percentage points) and Slovakia (with 2.2 percentage points to under 20 percent). Some countries registered a growth in the number of persons in poverty risk and social exclusion. The countries with the biggest growth are Greece, Spain and Estonia, where the number of persons at risk grew between 4 and 8 percentage points,” says the release, quoted by Agerpres newswire.

According to a publication of the National Institute of Statistics (INS), a quarter of the Romanian households, respectively 32.8 percent, couldn’t manage the expenses with a total net monthly income from 2015.

In 2015 a ratio of 36 percent of the households were in the impossibility of paying the house maintenance expenses because of the financial resources lack and 16.7 percent couldn’t pay the electric energy.

Moreover, to manage the current expenses, 6.8 percent of the households used their savings and 6.1 percent borrowed money from relatives, friends or other persons, while 9.3 percent worked supplementary hours.

Georgiana Bendre

BR Magazine | Latest Issue

Download PDF: Business Review Magazine March (II) 2024 Issue

The March (II) 2024 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “BAT DBS Romania Hub: A Vibrant New Office For An Employee-Centric
Newsroom | 27/03/2024 | 17:32
Advertisement Advertisement
Close ×

We use cookies for keeping our website reliable and secure, personalising content and ads, providing social media features and to analyse how our website is used.

Accept & continue