Almost a third at risk of poverty

Cyprus Mail reports:

ALMOST ONE third of Cyprus is at risk of poverty and social exclusion, according to figures released by the statistical service that show an increasing trend since 2008.

The latest numbers show that in 2013, the risk was 27.8 per cent compared to 23.3 per cent in 2008, both of which are way off the national target of 19.8 per cent.

One measurement new to me was the “material deprivation” items:

In 2013, 16.1 per cent of the population in 2013 could not afford to pay at least four out of nine ‘material deprivation’ items. These are the ability to pay rent or utility bills, to cover unexpected charges, to keep their home adequately heated, to eat meat, fish or a protein equivalent every second day, to take a week’s holiday away from home, or to buy a car, washing machine, colour TV and telephone.

Now that puts it a bit into a perspective … “at least four out of nine”.

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