Nearly 30 percent of families in the Balearics are still struggling to make it to the end of the month, despite the Balearics being one of the wealthiest regions in Spain.
alma.—According to the results of an in-depth survey carried out by the Foundation of Applied Social and Sociological Studies presented yesterday by Guillermo Fernandez, member of the investigative body for the Catholic church’s charity Caritas, 27.8 percent of the Balearic population is at risk of poverty and social exclusion.
Fernandez explained that in the Balearics there are 306,000 people, the equivalent of 115,000 households which are in danger of social exclusion and, 130,000 of those or 41,000 households, are facing the risk of “severe exclusion” despite the fact, according to Fernandez, that the wages in the Balearics are some of the highest in Spain.
Fernandez went on to explain that the gap between the rich and poor in the Balearics has widened much more than any where else in Spain since the recession began.
He explained that back in 2007, just over half of the population faced no risks what so over, that percentage has since shrunk to 30 percent.
And, that leaves Fernandez to conclude from the study that 41.9 percent or four out of every ten homes in the Balearics are able to live a dignified life but have had to make a number of financial sacrifices or changes to their life styles to make ends meet.
No comments
To be able to write a comment, you have to be registered and logged in
Currently there are no comments.