Find out what you always wanted to know about older Europeans’ Economic Situation

    • Poverty is often alleviated by non-financial resources: Levels of household income and wealth vary substantially across Europe.  While poverty and social exclusion are still serious in some of the countries surveyed, poverty is limited, though, if one takes into account the value of one's house, especially in the South. Likewise, living close to one's children - in the same household or the same building - remains a very important mechanism of social solidarity that serves an important poverty alleviation role, not only in the Mediterranean countries but also in Germany.

    • Consumption inequality is much lower than financial inequality.