Are number of Hungarians living in poverty plummets?

Eurostat data show that the ratio of Hungarians living in poverty has dropped over the past ten years, a human resources ministry’s official said, visiting a foster family in a village in north-eastern Hungary on Monday.

In recent years, it seems that the financial situation of Hungarians, in general, has been very poor compared to many other countries in the European Union. According to recent GKI statistics, Hungary’s minimum wage is the second-worst in the EU. Now, it seems that more than 2 million Hungarians, which is more than one-fifth of the country’s population, live under the poverty line, details HERE.

Whereas the ratio of those living beyond poverty line was 23.4 percent in 2010, this dropped to 8.7 percent last year, elevating Hungary to the top ten EU member states from bottom of the list, Attila Fülöp, the state secretary in charge of social affairs, said in Tarpa.