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topicnews · October 26, 2024

Record poverty amid record military spending in the EU

Record poverty amid record military spending in the EU

The EU is spending a record amount on lethal weapons for Ukraine, even as more than one in five people in Ukraine face increasing poverty and homelessness.

Record numbers of EU citizens are homeless, seeking emergency accommodation and relying on charities for hot meals. The bloc’s lawmakers say fundamental rights are being ignored.

We are talking about 100 million people affected by poverty and social exclusion here, on one of the richest continents in the world, more than one in five in the EU.


We need a strategy against poverty.


Gabriele Bischoff, German MEP

The cost of living crisis continues across the 27-nation EU as economic activity in the eurozone continues to slow.

34% in the EU have no medical care.


Many young people are suffering. Our nations are becoming third world nations.


Hospitals cannot care for their patients and poverty exists in every country in the EU.


Malika Sorel, French MEP

Nevertheless, the EU has allocated 118 billion euros to Ukraine in the last two years and eight months alone, while sanctions against Russia have led to a rise in energy prices and inflation.

So at some point Zelensky and Vladimir Putin have to come together and negotiate some kind of peace agreement, otherwise the European Union will have even more problems.


Johann Weick, EU policy advisor

Since the beginning of August, as the bloc’s citizens struggle, the EU’s economic powerhouse Germany has sent military equipment worth 94 million euros to Israel. Instead, many argue, the EU should impose severe economic penalties.

What else does the EU need to sanction Israel?


Israel has turned Gaza into a sea of ​​rubble. It participates in the indiscriminate bombing of Lebanon.


Now it has threatened the UNIFIL mandate in Lebanon and even attacked UN troops and property.


Aodhan O Riordan, Irish MEP

Analysts believe the EU economy is under threat because the bloc’s leaders blindly follow American foreign policy.

The growing strength of the BRICS countries also has the potential to seriously weaken the euro.

As things stand, the failure to address growing inequality in the EU is already having serious political consequences for the establishment.

Anti-EU sentiment is rising as frustration grows among those who feel let down by the system.