Poverty increasingly threatens elderly Germans: studySeptember 12, 2019 - 18:06 AMT PanARMENIAN.Net - More than one in five pensioners in Germany could find themselves threatened by poverty in two decades time, according to a study by the German Institute for Economic Research (DIW). The study found that the number of pensioners facing a risk of poverty by 2039 could rise from 16.8% at current levels to 21.6%. Authors of the investigation, released Thursday by the Germany-based Bertelsmann Foundation, said they expected an improvement in the employment market over the next 20 years. However, they added, certain groups — such as the long-term unemployed, single people and those with low qualifications — were less likely to benefit. "Even with positive developments in the labor market, we have to be ready for a significant increase in poverty among the elderly in the next 20 years," said study lead author Christof Schiller. Individuals at risk of falling into poverty were defined as those receiving less than 60% of the average income. According to the study, this equated to an income of less than €905 ($997) per month. Top stories Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". The earthquake caused a temporary blackout, damaged many buildings and closed a number of rural roads. Partner news | Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. Aliyev says no need for mediators in Armenia-Azerbaijan process Azerbaijani President Ilham Aliyev believes that Baku and Yerevan do not mediators in the process of normalizing relations. Aram I supports Karekin II’s “patriotic position” Catholicos of the Great House of Cilicia Aram I has expressed support for the Mother See of Holy Etchmiadzin. |