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EU commissioner for international partnerships, Jutta Urpilainen, at the event. Some 3.4 billion people (nearly half of the world's population) live on less than €5.20 a day (Photo: EC - Audiovisual Service)

Global North-South inequality — can the EU do anything?

Global inequality is growing, and the future of the world will depend largely on relations between North and South, said MEP Udo Bullmann (S&D) at a high-level panel in the European Parliament on Tuesday (10 October).

"Half of the global wealth is concentrated in the hands of a small coup of the richest, while 3.8 billion people live in absolute poverty," Bullmann stressed. "It i...

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Author Bio

Paula joined EUobserver in January 2023 and left for Euronews in 2024. Previously she worked for the Spanish online newspaper El Confidencial, where she covered mainly economic and financial affairs.

EU commissioner for international partnerships, Jutta Urpilainen, at the event. Some 3.4 billion people (nearly half of the world's population) live on less than €5.20 a day (Photo: EC - Audiovisual Service)

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Author Bio

Paula joined EUobserver in January 2023 and left for Euronews in 2024. Previously she worked for the Spanish online newspaper El Confidencial, where she covered mainly economic and financial affairs.

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