New Report Claims Czech Republic Has Lowest Inequality in EU

While global inequality has declined significantly over the past three decades, the gap between the real incomes of the young and the elderly remains significant. This is one of the key findings of a new report published by the IMF: Inequality and Poverty Across Generations in the European Union.
According to the report, the risk of poverty increased significantly for the young and, to a lesser extent, for the rest of the working age population, while it declined sharply for the elderly. The crisis exacerbated preexisting high youth unemployment and a trend toward less stable jobs, reaching macroeconomic proportions in several European economies. Read more here→