A new report by Germany’s Labour Ministry has revealed that the gap between rich and poor continues to widen in Europe’s biggest economic powerhouse.
The four-yearly poverty report shows that the number of rich people has risen sharply since 1998, adding one-tenth of the population owns 53 percent of the total wealth, while around half of all families possess just one percent.
The ministry warned, “Hourly wages that are no longer sufficient – even if someone is working full time – to feed a one-person household,” and described the situation as “exacerbating the poverty risks and undermining social cohesion.”
Unions say Berlin’s reform plan in the labor market aimed at preventing the ramifications of the eurozone crisis and rise of unemployment has contributed to the widening gap between rich and poor.
http://www.presstv.ir/detail/2012/09/23/263138/haveshavenots-gap-widens-in-germany/
