Displaying items by tag: standards declining

The cost-of-living crisis triggered by the Ukraine war, the energy crunch, surging inflation and the coronavirus pandemic has become the greatest worry for EU citizens, according to a new Eurobarometer showing 45% of respondents are currently having some or a lot of difficulties with their personal income. The poll speaks of a ‘polycrisis mood’ across the continent. Additionally, 46% of Europeans admit their standards of living have already decreased as a result of the mounting crises, while 39% expect to see a decline sometime this year. More worryingly, 30% of respondents struggle to pay their monthly bills ‘from time to time’ and 9% say this is the case ‘most of the time.’