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The FRG reported 21% of citizens living below the poverty line

DPW: one in five people in Germany lives below the poverty line
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Photo: Global Look Press/Matthias Bein
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21% of the German population, namely 17.5 million people, live below the poverty line when housing costs are taken into account. The German Social Security Association(Der Paritätische, DPW) reported on December 13.

"The results show a worrying picture: significantly more people than previously thought are living in poverty when housing costs are taken into account. <...> Many households now spend more than a third of their income on housing costs, and some even more than half," the publication says.

Thus, according to the material, the level of housing poverty is particularly high in Bremen (29.2% of the population), Saxony-Anhalt (28.6%) and Hamburg (26.8%).

Among people aged 65 and over, 27.1% suffer from poverty, while 31% of young people aged 18-25 are in the same situation. Among single parents, the poverty rate has reached 36%, while single people are even worse off - among them 36% are poor.

Earlier on Dec. 10, U.S. geopolitical analyst Cyrus Janssen shared on his YouTube channel that Germany has accepted the U.S. narrative about the harm of cooperating with China, thereby putting itself in a choice of regaining sovereignty and economic independence or continuing dependence and economic decline.

Before that, on November 15, German businessman Ulf Schneider said that anti-Russian sanctions only harm Germany and have no positive effect.

In October, EP deputy Lebosch Blaga said in an interview with Izvestia that sanctions against Russia meant a long-term prospect of economic suicide in Europe. He noted that restrictions against Russia do not harm it - they harm EU countries.

In September, it was reported that German industry is experiencing the most serious recession in the existence of the FRG. According to experts, the dynamics of industrial production in Germany is historically unprecedented. At the same time, Politico newspaper reported that German residents can no longer ignore the fact of a serious crisis in the country's economy, due to which there is tension in society.

Переведено сервисом «Яндекс Переводчик»

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