The number of the poor is increasing in Europe – Yeni Vatan Newspaper

by time news

2023-07-31 14:12:12

An example is from Germany. According to a study conducted in Germany, one out of every seven children in the country lives in poverty. According to the figures and surveys of the German Child Aid Agency and the Federal Statistical Office, by the end of 2022, 14.8 percent of young people and children under the age of 18, or 2.2 million children, live in poverty.

The research also shows that the most poor children are in the Ruhr region, where the population of Turkish origin is also densely populated. As a matter of fact, in the city of Gelsenkirchen, which used to be an industrial production center, but many factories and facilities have been closed in recent years, the poverty rate is 42 percent; This rate is over 30 percent in cities with traditional worker populations such as Essen, Dortmund, Hagen, Herne and Duisburg.

In the state of Bavaria, where industrialization continues rapidly, the situation of children is generally better. The child poverty rate in the state is below 3 percent.

The general poverty rate is 16.9 percent based on 2021 data. This corresponds to 14 million 100 thousand people in Germany, where approximately 84 million people live. The measurement of poverty in Germany is based on the principle of relative poverty. Accordingly, a person is considered poor if he or she has an income of around 60 percent of the average income. In Germany, 15 thousand Euros per year for a single person and 31 thousand 500 Euros for a couple with two children are considered the relative poverty line.

According to Experts, Poverty Will Increase

Experts point out that the Ukraine war, the sanctions against Russia, the rise in prices and high inflation may further increase the poverty rate in the future. Recent economic data also show that these estimates may come true.

German economy shrinkage data has been updated.

This week, the International Monetary Fund (IMF) lowered its growth forecast for Germany and announced that the German economy is in recession. Announcing that the shrinkage in the German economy will be more than expected, the IMF made a statement predicting that the growth will decrease by 0.3 percent this year.

Authority officials had only predicted a 0.1 percent decline in their initial estimates in the spring. Expressing that the 0.3 percent shrinkage determined in the second quarter of 2023 will be the determining number throughout the year, the IMF also announced that an average of 4 percent growth was detected in other European countries. In this context, the growth rate forecast for Spain was raised to 2.5 percent. In Italy, the expected growth rate of 0.7 was revised to 1.1 percent.

While these numbers and forecasts about Germany, Europe’s largest economy, increase the uneasiness and pessimistic comments among economists in the country, it is thought that the unemployment rate and therefore the number of the poor will continue to rise due to the decrease in employment in the manufacturing sector and the reduction of employment in the service sector.

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