More families are struggling in the Balearics.

More families are struggling in the Balearics. | Teresa Ayuga

12/03/2014 00:00
TW
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Palam/Madrid.—The  divide between rich and poor in Spain is the biggest in Europe, according to a report by Catholic charity Caritas.
 Those in the top fifth of Spanish society are now on average seven and a half times richer than those in the bottom fifth.
While the number of millionaires has increased by 13% in a year, three million people are living in extreme poverty.

Divided society
“The report paints a picture of a more fractured, more divided society, where the middle-class is disappearing and a minority has access to wealth, goods and services while the majority sits outside,” said Sebastian Mora, general secretary of Caritas in Spain.