Real Disposable Income Rises 1.6% in Spain Since 2010 While EU Average Rises 20%
The European Union’s statistical office attributes a mere 1.6% improvement to real incomes in Spain over fifteen years. Eurostat states in its latest report on “living conditions” in the European Union that the real disposable income of its citizens has grown by only 1.6% in Spain over the last fifteen years, whereas the EU average grew by 20%. Eurostat measures average real income—the amount left after taxes are deducted from…
