China News Service, June 18, according to the "European Times" reported on the 17th, the latest report of the European Central Bank pointed out that even if there are emergency measures taken by various countries, the income of employees in the major economies of the euro zone has fallen by 7% during the isolation of the new crown epidemic . More than 30 private institutions across Europe issued a joint appeal urging the EU to increase spending on poverty alleviation in order to respond to the “unprecedented wave of poverty”.
According to reports, the European Central Bank said in a recent document on the 17th that during the isolation period caused by the new crown epidemic, the average salary of employees in major euro area countries fell by 7%. If there is no large-scale relief measures such as "partial unemployment" adopted by governments, this decline may even reach 22%.
According to estimates by the European Monetary Institute under the European Central Bank, in the coming period, as countries begin to unblock, the rate of decline in wages will rise to about 3%.
On the other hand, more than 30 private institutions in Europe issued an appeal on the 17th, requesting the EU to expand the allocation for poverty eradication and food subsidies in the next budget to deal with the “unprecedented wave of severe poverty” caused by the new crown epidemic.
These agencies warn that 87 million people in Europe are currently at risk of poverty. “The demand for poverty alleviation is now huge and will continue to rise in the coming weeks and months because the economic and social crisis will be protracted and may cause explosive Situation."