• Home
• Channel: Current Affairs
• Hungary Failing to Catch Up with EU re Poverty

Hungary Failing to Catch Up with EU re Poverty

• 28 Jul 2021 10:43 AM
• Hungary Around the Clock

Most Eastern European countries have been able to reduce their income disadvantage relative to the EU over the last 15 years, but Hungary has not, according to a study by TÁRKI.

The Hungarian financial situation has improved, but no faster than the EU average.

The study shows that Hungary did not make any progress in international comparison between 2005 and 2017.

As a result, a significant part of society is poor at the EU level.

Hungary’s poverty line – defined as 60% of the median income – is 40% of the overall poverty line in the EU.

After Hungary, the figure is lower only in Romania and Bulgaria.

By comparison, the Slovak figure is close to 60%, the Polish one is close to 70%, and the Czech threshold is around 80% of the EU average.

Click here to read the full study

• How does this content make you feel?
• I love it
• I like it
• I dislike it

• EU Poverty

XpatLoop Media Partner

Hungary Around the Clock

Since 1995 Hungary Around the Clock has proven to be one of the most comprehensive sources of daily English-language news about Hungary. It covers ongoing domestic politics and foreign relations, as well as business and economic matters. For a free trial of HATC visit www.hatc.hu and click on 'Free Trial Subscription’.

Explore More Reports

Fidesz Launches EP Election Campaign Alongside Controversial Billboards Attacking Opposition in Hungary

• 22 Apr 2024 7:13 AM

Ruling Fidesz has launched an “outdoor” campaign of putting out billboards and distributing leaflets in preparation for the upcoming European parliamentary and municipal elections, the communications director of the party said in a video on Facebook on Sunday.



New Stats Show Shocking Wealth Inequality in Hungary

• 19 Sep 2023 7:22 AM

One percent of Hungarians owned one-third of the wealth in Hungary in the first quarter of 2023, RTL reports, citing data from the World Inequality Database



Warning from Pro-Family President: "No Future for Hungary, Unless Birth Rate Can Be Raised", Says Novák

• 15 Sep 2023 7:29 AM

Hungary will have no future, and the nation cannot be preserved unless the birth rate can be raised, President Katalin Novák said in an interview published in the weekly Mandiner.



New Data: Poverty Dropped Significantly in Hungary

• 19 Jun 2023 9:31 AM

Recent Eurostat data show that the rate of people at risk of poverty or social exclusion has dropped significantly, to 18.4% last year from 30.6% in 2015, an interior ministry official said on Thursday.