Eurostat says Germany’s unemployed are the poorest in Europe

FRANK RUMPENHORST

Romanian national Cirsot Ciprian plays on a battery powered keyboard as he walks on the 'Eiserne Steg' pedestrian bridge in Frankfurt, Germany, during the late evening hours on 20 January 2016.

Eurostat says Germany’s unemployed are the poorest in Europe


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Germany, Europe’s biggest economy and the fourth largest in the world, has a tremendously ineffective welfare state, to the extent that the country’s unemployed are more likely to suffer from extreme poverty than any other country in Europe, according to Eurostat.

A staggering 71% of Germany’s unemployed risk extreme poverty compared to 60% in Lithuania, 56% in Latvia, and approximately 40% in France, Cyprus, and Finland.

Since 2013, the CDU-led government has advocated a constitutionalised budget surplus across each German federal state – irrespective of the socioeconomic context – and Chancellor Angela Merkel began arguing in favour of austerity politics, saying, “If Europe today accounts for just over 7% of the world’s population and produces around 25% of global GDP, {it cannot} finance 50% of global social spending.”

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