Dialogos

Poverty from Cradle to Grave

Published December 29, 2025, 06:01
Poverty from Cradle to Grave

A new study from the European Union reveals that poverty in Cyprus is deep and structural, affecting children, workers, and the elderly. The 'poverty gap' – the difference between the poverty line and the average income of the poor – is high in all age groups, indicating that the poor are significantly far from meeting their basic needs. Child poverty is particularly acute, with poor children being 22.7% below the poverty line. The lack of wealth in households with children exacerbates the situation, as they have no 'safety cushion' in case of financial difficulties. The situation is even more difficult for adults (18-64 years old), with the poverty gap reaching 25.1% when wealth is taken into account. In the elderly group (65+), the poverty gap increases from 14.7% to 15.8% when wealth is considered, which happens contrary to many other EU countries where homeownership acts as a protective factor. This is due to the fact that many elderly people in Cyprus have limited financial wealth and low pensions. The study divides households into three categories: poor in income but not in wealth, poor in wealth but not in income, and 'doubly poor' (poor in both). Cyprus shows high rates of households that are poor in wealth, even if they are not poor in income, indicating a widespread prevalence of economic insecurity.