Almost half of Europeans living in the EU have reported that they have already seen a reduction in their standard of living amid the pandemic, inflation and Russia's war in Ukraine.
FOX Business' Stuart Varney discusses economic struggles and high inflation affecting Americans and Europeans alike and comments on former UK Prime Minister Liz Truss getting a $129,000 annual payout, on 'Fox & Friends Weekend.'
Europeans are feeling the pinch of multiple crises, with nearly half of them saying they have already seen a decline in theirA staggering 46% of Europeans living in the European Union bloc of countries say their standard of living has recently decreased, while 45% say they are having"some" or"a lot" of difficulties with their income, according to a new Eurobarometer reported on by EuroNews this month.
The problems were only exacerbated by Russia's invasion of Ukraine last year, pushing Europe into an energy crisis after years of dependence on Russian natural gas and further threatening the supply of food as one of the world's largest producers of wheat and corn attempts to defend itself.EU countries experiencing the steepest perceived drop in standard of living include Cyprus, where 70% of respondents reported their standard of living has"already been reduced.
The lower standard of living has many reporting that they are falling behind on their bills, with 30% of respondents saying that they struggle to pay their monthly bills"from time to time," while another 9% report the same struggle"most of the time."has taken to attempt to alleviate the cost-of-living crisis, while 64% felt the same sort of dissatisfaction with their national government. residents, according to the poll, with 93% expressing worry about the crisis.
A dog is seen in the middle of a street as Ukrainian army soldiers take part of a military sweep to search for possible remnants of Russian troops after their withdrawal from villages in the outskirts of Kyiv.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Low-cost airline to offer European flights from Hamilton, but there's a catchLow-cost airline to offer European flights from Hamilton, but there's a catch — via financialpost
Read more »
TikTok boss meets European officials as scrutiny intensifiesTikTok’s CEO met Tuesday with European Union officials about strict new digital regulations in the 27-nation bloc as the Chinese-owned social media app faces growing scrutiny from Western authorities over data privacy, cybersecurity and misinformation.
Read more »
Why Jennifer Coolidge Almost Didn’t Present at the Golden Globes‘The White Lotus’ star Jennifer Coolidge stole the show while presenting at the 2023 Golden Globes on Tuesday, January 10 — get the details
Read more »
European markets head for positive open as investors looks ahead to U.S. inflation dataEuropean markets are heading for a higher open as investors gear up for key inflation data this week, with U.S. consumer price data for December due Thursday.
Read more »
Dear Abby: Almost everything makes me fly off the handleHow can I get a grip and stop overdoing it when I get angry?
Read more »
Almost 200 rabbits rescued from hoarder house in Pa.: reportsMany of the rabbits are reportedly in need of medical attention.
Read more »