SLOVAKIA's middle class is diminishing. The number of households with a medium monthly income has been dropping while the number of households with a lower income is on the rise, daily SME wrote.
Sociologists warn that it is the middle class that, in developed countries, serves as a guarantee of stability.
In 1996, Slovakia had 120,000 households in the medium income range, which was between Sk3,450 - 3,850 (€83.84 - 93.56) per person per month. In 2002 the number of households in that rage, identified by earnings of between Sk78,000 - 84,000 (€1,895.50 - 2,041.30) annually, dropped to 50,000.
Compiled by Beata Balogová from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.
19. Nov 2003 at 10:51