Key Points:
Romania has the highest in-work poverty rate in the EU. Despite working the longest hours in Europe, Romanians have a higher risk of poverty, according to an analysis by the Friedrich Ebert Foundation (FES).
Romanian salaries are not enough to cover the basic expenses of many employees. A study by FES found that the poverty risk rate in Romania is 15.3%, which is higher than in other EU countries such as Bulgaria (11%), Greece (10%), and Hungary (7%).
Poverty is not just a problem for the poor. Analysts point out that high poverty rates have negative consequences for the entire community, including lower consumption, reduced productivity, and increased pressure on public finances.
Several factors contribute to Romania's high poverty rate, including low wages, precarious work, and a high proportion of low-skilled workers.
Addressing Romania's poverty problem will require a comprehensive approach that includes raising wages, improving job security, and investing in education and training.
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