The total number of people affected by severe material deprivation in 2020 was 2.95 million people, of whom 47.4% men and 52.6% women, shares close to the previous year, according to data centralized by the National Institute of Statistics (INS).Compared to 2017, the severe material deprivation rate decreased by 4.5 percentage points, reaching 15.2% of the population in 2020.Last year, the incidence of severe material deprivation was higher mainly among children up to 18 years of age (21.4%) and young people aged 18-24 (17.7%). Compared to 2017, in 2020 there were significant decreases, by 6.8 and 6.4 percentage points, respectively, in the shares of people severely constrained by a lack of financial resources in the 50-64 years age range and in those aged 65 and over.Severe material deprivation was less common among people living in households without dependent children (12.9%) than among those living in households with dependent children (17.1%). Compared to 2017, there was a decrease in severe material deprivation by 7.4 percentage points among households without dependent children and by 2.1 percentage points among households with dependent children.In households with dependent children, the most difficult situation was in the case of people from large households (consisting of 2 adults with 3 or more dependent children), of whom 43.9% are severely constrained by a lack of financial resources. Also, 25.5% of people in our country living in single-parent households with dependent children are severely constrained by a lack of financial resources, while only 7.7% of people in households consisting of two adults with one child experience severe deprivation.Severe material deprivation is unevenly distributed in terms of regional profile. In 2020, the highest incidence of severe material deprivation was recorded in the regions of South-East (22.7%) and South-Muntenia (20.6%), with 14.1 and 12 percentage points respectively compared to the West region. Compared to 2019, increases in severe material deprivation were felt in most regions, the highest being recorded in the Center region (3.4 percentage points), followed by the South-East regions by 2 percentage points and the North-East by 1.5 percentage points.In the European Union, severe material deprivation characterizes the lives of 5.5% of the total number of people, but the differences between Member States are considerably wide.According to INS, severe material deprivation refers to people who, due to lack of financial resources, cannot afford at least four of the nine components considered essential for a decent living, such as: payment of rent, mortgage or utility bills o time; ensuring adequate heating of the home; the possibility to face unforeseen expenses; payment of one week vacation annually; eating meat or fish at least once every 2 days; owning a color TV; owning a washing machine; owning a telephone (landline or mobile); owning a personal car.
Ireland can be seen as one of the most important business hubs in Europe and the European Union, as many international companies have established regional headquarters there. If you are looking for a country to expand your enterprise, you should definitely consider Ireland for several reasons that are presented below. Location and language The first […]
Cyprus is mostly known as a tourist destination. However, there is also a business side to it, as many investors choose it to open companies because of the favorable taxation system. Apart from its low corporate tax rate, there are a few more reasons why you should choose it if you are looking for a […]
The Romanian Commercial Code provides for various types of entities that can be created by natural persons and companies, local or foreign. Each of them has its own particularities, which can give it various advantages. How do you choose among them? We will review the main types of companies and their pros to help you […]
A new alley named after Romanian diplomat Nicolae Titulescu was inaugurated on Tuesday, December 9, in Paris’s Parc Monceau during a ceremony attended by Romania’s president Nicușor Dan and Paris mayor Anne Hidalgo. “I expressed my appreciation for the decision to name an alley in the beautiful Parc Monceau in Paris after the great Romanian […]
Oxygen Resort, a development located in central Romania’s Harghita county, has inaugurated its first bungalows. The first 18 bungalows are already functional, with another 17 units to be completed in the next stage, bringing the total to 35. The inauguration of the bungalows “marks the transition from a center dedicated predominantly to recreational activities to […]
Romania carried out a new medical evacuation mission for civilians from Gaza on Monday, December 8, transporting eight Palestinian patients and 29 accompanying relatives to Bucharest for treatment, according to the Department for Emergency Situations (DSU). The patients were evacuated aboard a Romanian Air Force C-130 Hercules aircraft after lacking access to adequate medical care. […]
