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    Oxfam sounds alarm bell on austerity

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    euronews (in English)

    by euronews (in English)

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    Austerity in Europe risks creating a lost generation, according to a new report by Oxfam.

    The charity says by 2025 between 15 and 25 million people could be living in relative poverty.

    The EU defines relative poverty as those households earning less than 60 percent of median income.

    ...
    http://www.euronews.net/