Hundreds of thousands in Slovakia have income below poverty line

World

Photo by Zerbor / Shutterstock.com

More than one-tenth of Slovakia's population are at a risk of poverty, reported local news agency SME citing a report by the National Bank of Slovakia.

According to the report, 615,000 people, about 11.4% of the population, are at risk of poverty.

Households facing the lowest risks of poverty are composed of just two adults. On the other hand, the largest poverty risks are faced by households with three or more children, single parents with young children and individuals over the age of 65.

The most resilient households are those with individuals below the age of 65, two adults and no children, from which at least one individual is over the age of 65. Even though there is a relative difference between the wages and pensions of men and women in Slovakia, single women face a 3.5 percentage point lower risk of poverty than single men. 

Watchdog Fines UniCredit Bank Hungary for Regulatory Shortfa... MNB

Watchdog Fines UniCredit Bank Hungary for Regulatory Shortfa...

Hungary to Address Future of Cohesion Policy During EU Presi... EU

Hungary to Address Future of Cohesion Policy During EU Presi...

Cordia’s Marina City Project Begins Residential

Cordia’s Marina City Project Begins

Budapest Airport Wins 'Best Airport in Eastern Europe' for 1... Awards

Budapest Airport Wins 'Best Airport in Eastern Europe' for 1...

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.