More Europeans struggling to make ends meet: survey

21:37, June 22, 2010      

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More Europeans are struggling to make ends meet due to the financial crisis and a fragile economy, a survey released by the European Commission showed on Tuesday.

As a result of the crisis and austerity measures introduced by European governments, three-quarters of EU citizens believed that poverty had increased in their own country over the past year and 60 percent thought it happened across the 27-nation bloc, according to the survey on social impacts of the crisis.

One in six Europeans reported that their household has had no money to pay ordinary bills, buy food or other daily consumer items, on at least one occasion in the past year and 20 percent had difficulties in keeping up with household bills and credit commitments.

Due to worsened economic situation, about 30 percent of over 25,000 randomly selected people found it harder to cope with the costs of healthcare and one in six was not very or not at all confident of keeping their jobs.

"The survey results confirm that poverty is a major issue in the EU and that the current economic and financial situation is aggravating the situation further," said Laszlo Andor, EU commissioner responsible for employment, social affairs and inclusion.

"The crisis is taking its toll and a significant proportion of Europeans today are finding it difficult to make ends meet."

To tackle the negative impacts of the financial crisis, the EU has proposed a new growth strategy for the next decade, which is aimed to lift at least 20 million Europeans out of poverty by 2020 through a smart, sustainable and inclusive economic growth in the long term.

"It sends a powerful message about all countries' genuine commitment to visible results for a more just and inclusive Europe," Andor said.

Source: Xinhua


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