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As US Freezes, This Is Where Europeans Can’t Afford To Heat Their Homes

Summary:
While the US Midwest suffers with below-Arctic temperatures, winter tightens its icy stranglehold on Europe, where a considerable number of people are struggling to keep their homes warm. Statista's Niall McCarthy reports that, according to new data released by Eurostat, eight percent of the EU population couldn't afford to adequately heat their homes in 2017. That still represents ...

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While the US Midwest suffers with below-Arctic temperatures, winter tightens its icy stranglehold on Europe, where a considerable number of people are struggling to keep their homes warm.

Statista's Niall McCarthy reports that, according to new data released by Eurostat, eight percent of the EU population couldn't afford to adequately heat their homes in 2017. That still represents an improvement on recent years, particularly 2012 when it peaked at 11 percent.

As US Freezes, This Is Where Europeans Can't Afford To Heat Their Homes

You will find more infographics at Statista

Among member states, the largest share of people who could not afford to properly heat their home was recorded in Bulgaria at 36.5 percent. It was followed by Lithuania (28.9 percent) and Greece (25.7 percent). The lowest figures were recorded in Luxembourg (1.9 percent), Finland (2.0 percent) and Sweden (2.1 percent).

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Tyler Durden (a pseudonym) represents the idea that a return to truly efficient markets is a possibility and a necessity. After having experienced the inner workings of capitalism at various asset managers and advisors, Tyler believes that the current model is flawed and a deleveraging at every level of modern society is needed to reinspire the fundamental entrepreneurial spirit. Visit his blog: ZeroHedge (http://www.zerohedge.com/)

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