60,000 Maltese at ‘risk of poverty’ as President warns of widening social divide
14.6 per cent of the Maltese, totaling an average 60,000 persons are “at risk of poverty” according to Eurostat, the EU’s statistical office.
The figures, relate to a survey on income and living conditions in Europe, that revealed how a total of 81 million people around the 27 EU member states were at risk of poverty.
In its report, Eurostat explained that the definition “at risk of poverty” refersto those living in a household with a disposable income that is below the risk-of-poverty threshold, which is set at 60% of the national median disposable income.
The findings show that in Malta, out of 60,000 who were “at risk of poverty” a total of 16,000 were “severely materially deprived.”
This category are finding it difficult to pay their rents, mortgage or utility bills, keep their home adequately warm or face unexpected expenses.
Eurostat explained that they also could not afford to eat meat, fish or protein equivalent every second day and cannot afford a car, washing machine, colour TV or telephone.
The vast majority are unemployed, single mothers, pensioners or in jobs with the lowest wage brackets.
An alarm bell on poverty and families finding difficult to cope with cost of living was sounded by President George Abela during his speech that marked Republic Day during a ceremony at the Palace in Valletta.
President Abela referred to the recently prepared Household Budgetary Survey that revealed how 14 per cent of Maltese are at risk of poverty.
“It is possible that the gap between those who are in the higher income bracket and those whose income does not reach adequate levels is widening,” the President warned, stressing on the need to find out why a section of the population is lagging behind.
While mentioning the social problems that seem to be endemic around the Grand Harbour areas, President George Abela warned however, that financial assistance was “not enough.”
He added that reasons for people falling back in this category need to be determined and stressed that: “I feel we have not yet found the way to effectively fight the phenomenon of a section of the low-income population, more prone to social problems and lacking a sufficient level of education, being concentrated around the Grand Harbour area.”