• Home
• Channel: Current Affairs
• Poor Hungary: Report Reveals Hungarians Are Least Well-Off in EU

Poor Hungary: Report Reveals Hungarians Are Least Well-Off in EU

• 7 Jan 2025 8:30 AM
• Hungary Around the Clock

Household wealth in Luxembourg was 36% higher than the EU average, while Hungary and Bulgaria ranked lowest at 30% below the average, according to Euronews Business.

Croatia, Estonia, Latvia, and Slovakia also ranked poorly, just ahead of Hungary and Bulgaria.

Luxembourg tops the EU list, followed by Germany, the Netherlands, and Sweden, where real individual consumption per capita exceeded the EU average.

In contrast, Central and Eastern European nations generally reported lower consumption figures.

Turkey outperformed nine EU countries in material well-being, underscoring disparities between Western, Nordic, and Eastern European regions.

*********************************

You're very welcome to comment, discuss and enjoy more stories via our Facebook page: 
Facebook.com/XpatLoopNews + via XpatLoop’s groups: Budapest Expats / Expats Hungary

You can subscribe to our newsletter here: XpatLoop.com/Newsletters

Do you want your business to reach tens of thousands of potential high-value expat customers? Then just contact us here.

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

• Poor

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

Lucky Foreign Tourist Rescued After Days Lost in Hungary's Bük Hills

• 27 Nov 2024 7:09 AM

An Argentinian tourist was saved from near-freezing conditions in the Bükk hills on Saturday after being discovered by Attila Simon Juhász, the mayor of Felsőtárkány, and his wife during their morning run.



Official: Hungary Seeks Exemption from EU Asylum, Migration Rules

• 20 Sep 2024 6:10 AM

Hungary is seeking an exemption from the application of EU asylum and migration rules since, otherwise, "Brussels would also turn Hungary into a country of immigrants", the parliamentary state secretary of the EU affairs ministry said.



Transport Minister Refuses to Take Hungarian Train Ride with Magyar

• 9 Sep 2024 4:31 AM

A meeting of Construction and Transport Minister János Lázár and Tisza Party leader Péter Magyar to discuss railway issues, while agreed upon in principle, looks increasingly unlikely, as the two sides cannot agree on the place or circumstances.



Shocking Revelations: How Hungarians Are Targeted For Sex Work in Western Europe

• 18 Jul 2024 9:36 AM

Although encouraging prostitution is a criminal offence In Hungary, the authorities say there is nothing wrong with openly advertising foreign sex work to Hungarian women. Direkt36 looked behind the sex work advertisements as part of an international investigative project.