poverty rate stubborn in rich switzerland
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Poverty rate stubborn in rich Switzerland

Arab Today, arab today

Arab Today, arab today Poverty rate stubborn in rich Switzerland

The city of Montreux
Geneva - AFP

Switzerland may be one of the world's richest nations but as many as one resident in 13 lives in poverty, official data showed on Tuesday.
While the Swiss poverty rate is half that of many European nations -- estimates put Britain's at one in five, for example -- it underlines the extent to which a minority of the population struggles to get by.
Figures from the Swiss federal statistics office showed that 7.7 percent of the nation of eight million people lived below the poverty line in 2012.
Switzerland's poverty line is 2,200 Swiss francs (1,800 euros, $2,466) per month for a single person and 4,050 francs for a couple with two children.
While many Europeans would dream of such sums, Switzerland is one of the most expensive countries in the continent, with sky-high rents and compulsory private health insurance eating into household budgets.
Like their counterparts in other European nations, Swiss residents most at risk of poverty include one-parent families, adults who live alone, unskilled workers and households where nobody has a job.
Of the some 600,000 people affected, 130,000 were in work.
Switzerland escaped the scale of economic crisis that hit much of the rest of Europe in the past half-decade, but nonetheless saw a slowdown.
Poverty rates were largely unchanged between 2011 and 2012, but declined from the 9.3 percent seen in 2007, data showed.

 

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*

poverty rate stubborn in rich switzerland poverty rate stubborn in rich switzerland

 



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*

poverty rate stubborn in rich switzerland poverty rate stubborn in rich switzerland

 



GMT 21:16 2016 Monday ,27 June

Zaki Badr discusses cleaning problem in Giza

GMT 21:46 2017 Saturday ,14 January

Turkey arrests 60 businessmen for alleged Gulen ties

GMT 22:38 2017 Friday ,24 March

Abbas meets with Merkel in Berlin

GMT 09:02 2017 Monday ,27 March

Tunisian Premier Concludes Visit to Sudan

GMT 15:54 2017 Friday ,01 September

Attorney General Directs Prosecutors to inspect Prison

GMT 09:22 2017 Sunday ,31 December

HM King condoles with Afghanistan President

GMT 10:12 2016 Wednesday ,06 April

Strong dollar, mild weather shrink H&M profits

GMT 17:03 2016 Saturday ,24 December

7 police killed in attacks in Afghansitan

GMT 13:51 2017 Friday ,17 March

Israel denies Syria shot down a warplane

GMT 04:08 2017 Thursday ,05 January

Carbon tax can fund clean energy transition

GMT 19:27 2016 Wednesday ,14 September

Alstom to go ahead with plans to shut down Belfort plant
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

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday