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13.11.2026 13:13
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12.11.2026
ECONOMY
22:28

One in three Cypriots struggles when unexpected expenses arise

What do eurostat's figures show about europe, and which country holds the dubious distinction of ranking first?
ALPHANEWSLIVE


Interesting findings emerge from a Eurostat survey on whether European citizens would be able to cover unexpected expenses in 2025. With saving money proving to be a difficult task for many citizens, 29.2% of Europe’s population was unable to cover unexpected financial expenses. This figure is close to that of 2024, which stood at 30%.

Greece ranks first, with the highest percentage among the other European member states. 50.5% of the population reported that they could not cover unexpected expenses. Latvia ranks second with 43.7%, followed by Bulgaria with 42.4%. 

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At the other end of the spectrum, the lowest percentages are in the Netherlands at 15.3% and in Malta and the Czech Republic at 18.7%. Cyprus ranks 8th. In 2025, 32% of Cypriots stated that they were unable to cover unexpected expenses. This percentage is slightly lower than in 2024, when it had risen to 34.8%.

Eurostat links the ability to cope with unforeseen events to citizens’ sense of security and quality of life. It also presents data on another aspect: physical safety, which includes protection from crime and violence.

Lithuania, which ranks fourth in terms of its ability to provide for its citizens in emergencies, ranks first in terms of the highest rate of police-recorded homicides relative to its population size, at 2.63 per 100,000 residents. Latvia and Estonia follow. Luxembourg, along with Italy and the Czech Republic, has the lowest rate.

See the report by Nasia Ioannou:

READ ALSO: €1,000 in financial aid for each volunteer firefighting team from the Ministry of the Interior | AlphaNews

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