Saturday, November 17, 2012

MALLORCA TODAY - Almost half the Balearic population in a "precarious" situation

A report by the Hacienda, entitled "Goodbye to the Middle Classes", suggests that 46% of the population in the Balearics is in a precarious financial situation, the consequence of loss of employment, salary cuts and government measures. The findings of the report indicate that there are over 75,000 adults with no income and just under 440,000 who are "mileuristas", i.e. those who manage to scrape a monthly income of a thousand euros.

See more: Ultima Hora

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