Out of all European Union member states, the Czech Republic has the lowest share of people threatened with poverty when welfare benefits are calculated. Only 9.7% of residents in the country live on or below the verge of income poverty, according to the country's newly released statistical yearbook.

The yearbook was issued by the Czech Statistical Office (CSU).

As reported by the Prague Daily Monitor, the average poverty level in the EU 28 and the euro zone is 17%. The Czech Republic has t...

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