millions more europeans at risk of poverty if austerity drags on
Last Updated : GMT 22:44:17
Arab Today, arab today
Arab Today, arab today

Millions more Europeans at risk of poverty if austerity drags on

Arab Today, arab today

Arab Today, arab today Millions more Europeans at risk of poverty if austerity drags on

Brussels - AFP

Up to 25 million more Europeans are at risk of sinking into poverty by 2025 if governments push on with austerity measures, international aid agency Oxfam warned Wednesday, calling such policies \"moral and economic nonsense\". \"Europe\'s handling of the economic crisis threatens to roll-back decades of social rights,\" said Natalia Alonso, head of Oxfam\'s EU office. \"Aggressive cuts to social security, health and education, fewer rights for workers and unfair taxation are trapping millions of Europeans in a circle of poverty that could last for generations. It is moral and economic nonsense.\" \"The only people benefiting from austerity are the richest 10 percent of Europeans who alone have seen their wealth rise. \"Greece, Ireland, Italy, Portugal, Spain and the UK -- countries that are most aggressively pursuing austerity measures -- will soon rank amongst the most unequal in the world if their leaders don\'t change course. \"For example, the gap between rich and poor in the UK and Spain could become the same as in South Sudan or Paraguay,\" added Alonso. If left unchecked, austerity policies could put between 15 and 25 million more Europeans at risk of poverty by 2025, said the agency. \"This would bring the number of people at risk of poverty in Europe up to 146 million, over a quarter of the population, warned Oxfam ahead of a EU finance minister meeting in Vilnius. Oxfam said that there are lessons to be learnt from deep cuts made to social spending in Latin America, South East Asia and Africa throughout the 1980s and 90s, noting that some countries in these regions took two decades to claw their way back to square one. \"There are alternatives to austerity. Ahead of (Friday\'s) EU finance ministers\' meeting, we\'re calling on European governments to champion a new economic and social model that invests in people, strengthens democracy and pursues fair taxation. \"Governments could raise billions for public services, such as health and education, by taxing the wealthiest and cracking down on tax dodging.\" \"A new model of prosperity is possible. Investing in schools, hospitals, housing, research and technology, millions of Europeans could be put back to work and support a sustainable economy,\" Alonso said.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

millions more europeans at risk of poverty if austerity drags on millions more europeans at risk of poverty if austerity drags on

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

millions more europeans at risk of poverty if austerity drags on millions more europeans at risk of poverty if austerity drags on

 



Arab Today, arab today
Arab Today, arab today Jordanian woman reveals her project

GMT 00:46 2017 Saturday ,11 November

Jordanian woman reveals her project
Arab Today, arab today Air China suspends flights to North Korea

GMT 10:39 2017 Thursday ,23 November

Air China suspends flights to North Korea
Arab Today, arab today Sophian Yussef reveals suitable decoration

GMT 02:56 2017 Thursday ,23 November

Sophian Yussef reveals suitable decoration
Arab Today, arab today Syria opposition meets in Riyadh

GMT 06:23 2017 Thursday ,23 November

Syria opposition meets in Riyadh
Arab Today, arab today Jordanian journalist happy of her career

GMT 17:37 2017 Thursday ,23 November

Jordanian journalist happy of her career
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Australian academic's book pulled

GMT 15:20 2017 Monday ,13 November

Australian academic's book pulled
Arab Today, arab today Srebrenica women cry tears of joy

GMT 08:03 2017 Thursday ,23 November

Srebrenica women cry tears of joy
Arab Today, arab today Delhi half-marathon to go ahead

GMT 03:51 2017 Saturday ,18 November

Delhi half-marathon to go ahead
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today 'Robo-taxis' hold promise, and perils

GMT 08:07 2017 Thursday ,23 November

'Robo-taxis' hold promise, and perils
Arab Today, arab today Honda recalls 800,000 minivans

GMT 11:43 2017 Wednesday ,22 November

Honda recalls 800,000 minivans
Arab Today, arab today Abeer Sabry reveals reason of “The Flood” success

GMT 08:03 2017 Tuesday ,21 November

Abeer Sabry reveals reason of “The Flood” success
Arab Today, arab today paObama climate envoy slams Trump's rejection

GMT 16:04 2017 Friday ,17 November

paObama climate envoy slams Trump's rejection

GMT 07:56 2017 Monday ,20 November

Singer Jahda Wahba has unlimited ambitions

GMT 02:14 2017 Saturday ,18 November

May under Brexit pressure at EU reform summit

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation

GMT 11:38 2017 Wednesday ,15 November

Unloved vultures fight for their survival

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts

GMT 10:43 2017 Wednesday ,22 November

Cigar-shaped asteroid came

GMT 09:45 2017 Tuesday ,21 November

Visit Jamaica for more than just sun

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday