{"id":42734,"date":"2015-09-09T12:34:13","date_gmt":"2015-09-09T10:34:13","guid":{"rendered":"https:\/\/www.sonnenseite.com\/future\/increasing-inequality-plunging-millions-more-europeans-into-poverty.html"},"modified":"2015-09-09T12:34:13","modified_gmt":"2015-09-09T10:34:13","slug":"increasing-inequality-plunging-millions-more-europeans-into-poverty","status":"publish","type":"post","link":"https:\/\/www.sonnenseite.com\/en\/future\/increasing-inequality-plunging-millions-more-europeans-into-poverty\/","title":{"rendered":"Increasing inequality plunging millions more Europeans into poverty"},"content":{"rendered":"

Poverty and inequality in Europe have reached shocking levels, according to a new Oxfam report.<\/p>\n

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Between 2009 and 2013, the number of Europeans living without enough money to heat their homes or cope with unforeseen expenses, known as “severe material deprivation”, rose by 7.5 million to 50 million people. These are among the 123 million people(1) – almost a quarter of the EU’s population – at risk of living in poverty, while the continent is home to 342 billionaires.  <\/p>\n

‘A Europe for the Many, Not the Few<\/strong><\/a>’ report findings confirm and add to research done by the IMF and others on how rising inequality is making the fight against poverty harder to win. As part of its global campaign against inequality, Oxfam works on tackling poverty across Europe.<\/p>\n

The Oxfam report, which reveals the extent of inequality across the continent by analyzing data on poverty and wealth, is accompanied by a league table. Both are being published ahead of an informal meeting of European Finance Ministers on 11 and 12 September. <\/p>\n

The league table ranks European member states on seven separate measures of inequality and poverty.  It shows that while some countries such as Bulgaria and Greece perform particularly poorly across a number of indicators, the majority of European countries face significant problems of economic inequality, among them:<\/p>\n