Hungary Failing to Catch Up with EU re Poverty

  • 28 Jul 2021 10:43 AM
  • Hungary Around the Clock
Hungary Failing to Catch Up with EU re Poverty
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?

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’.