Saturday, May 31, 2014

40% of EU citizens can't afford a vacation

Taking one week off from work per year is now considered a luxury for European workers.
According to data from Eurostat, four out of ten EU citizens don't have the money to take one week off and spend it anywhere else than at home.
The data also shows that even in the richer north, a major part of the population has great economic problems and is on the edge of poverty. In Sweden, 10% of the population will have to skip a vacation, compared to 14% in Denmark, 17% in the Netherlands, and 22% in Germany.
The new data, combined with new information from the German statistics office published last week, reports that one third of the German population can't afford to pay unexpected costs for repairs, or for new items, if the amount exceeds around €1,000, has received attention in German media.

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