People in Luxembourg have on average over eight times the spending power of people in EU member-states-to-be Romania and Bulgaria, Eurostat says in a survey showing startling contrasts in wealth in the new European Union.
The study, which shows the Grand Duchy enjoys a GDP/capita level of 251 percent of the EU average while the Balkan duo have 33 and 34 percent, matches popular perception in western Europe that Romanian and Bulgarian villages are a far cry from London or Paris.
O...
Enjoy access to all articles and 25 years of archives, comment and gift articles. Become a member for as low as €1,75 per week.
Already a member? LoginAndrew Rettman is EUobserver's foreign editor, writing about foreign and security issues since 2005. He is Polish, but grew up in the UK, and lives in Brussels. He has also written for The Guardian, The Times of London, and Intelligence Online.
Andrew Rettman is EUobserver's foreign editor, writing about foreign and security issues since 2005. He is Polish, but grew up in the UK, and lives in Brussels. He has also written for The Guardian, The Times of London, and Intelligence Online.