32% of the people in the EU and 48% in Cyprus cannot face unexpected financial expenses

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32% of the people in the EU and 48% in Cyprus...
 © Parikiaki 2020

In the European Union (EU), almost one in three people were unable to face unexpected financial expenses (32%) in 2019, according to data released today by Eurostat, the statistical service of the EU. Cyprus and Greece this rate is 48%, ranking 4th and 3rd in the EU list.

According to the Eurostat, definition “these people were not able to face unexpected financial expenses such as costs for surgery, a funeral, a replacement of washing machine or a car in 2019”.

Eurostat reports that since its peak in 2012 (40%), the ability to handle...


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This article was automatically added to our system 7-5-2020

32% of the people in the EU and 48% in Cyprus cannot face unexpected financial expenses


The contents of this article including any associated images are © Parikiaki 2020
Views & opinions expressed in this article are those of the author and/or Parikiaki .

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Article Tags: people, cyprus, cannot, unexpected, financial, expenses,