poverty rate stubborn in rich switzerland
Last Updated : GMT 09:07:40
Egypt Today, egypt today
Egypt Today, egypt today
Last Updated : GMT 09:07:40
Egypt Today, egypt today

Poverty rate stubborn in rich Switzerland

Egypt Today, egypt today

Egypt Today, egypt 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.

 

egypttoday
egypttoday

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 10:07 2019 Monday ,19 August

Live a calm and distinctive atmosphere

GMT 09:51 2019 Monday ,19 August

Live a frustrating atmosphere in your career

GMT 11:48 2017 Thursday ,12 October

UK's Davis urges EU leaders to 'take step forward'

GMT 02:26 2017 Thursday ,02 March

Snapchat parent IPO to value social network at $24b

GMT 22:19 2012 Thursday ,28 June

Mercedes-Benz E63 AMG

GMT 11:46 2012 Thursday ,07 June

Jordanian drivers take on Lebanon’s Feghali

GMT 11:22 2012 Thursday ,27 September

Samsung fixes Galaxy phone vulnerability

GMT 20:51 2017 Monday ,19 June

Man dies during Umrah in Makkah
 
 Egypt Today Facebook,egypt today facebook  Egypt Today Twitter,egypt today twitter Egypt Today Rss,egypt today rss  Egypt Today Youtube,egypt today youtube  Egypt Today Youtube,egypt today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

egypttoday egypttoday egypttoday egypttoday
egypttoday egypttoday egypttoday
egypttoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
egypttoday, Egypttoday, Egypttoday