Europe News
Commission wants to eradicate poverty in the EU by 2050
“We want to eradicate poverty in the EU in 25 years,” European Commission Vice-President Roxana Mînzatu told Euronews in an interview. However, the anti-poverty strategy lacks a dedicated budget and relies mainly on recommendations rather than binding legislation.
Economy
A new way to measure poverty shows the US falling behind Europe
The time needed to get $1 in international dollars is 63 minutes in the US. This is about twice the average in Germany, France and the UK according to an Oxford University researcher. This suggests that average poverty is significantly higher in the US.
Economy
Eliminating poverty by 2030: Uzbekistan’s ambitious vision
Uzbekistan has made poverty reduction a state priority, launching a nationwide programme focused on jobs, social protection, and mahalla-level action. Since 2016, 7.5mn people have escaped poverty. With €30bn invested in 2024, the country aims to eradicate absolute poverty by 2030.
Poverty