The cost of living crisis in Europe, worsened by the war in Ukraine and post-pandemic issues, has led households to limit spending. Median equivalised net income varies significantly across Europe, with Luxembourg at €50,799 and Bulgaria at €7,811. There is a clear East-West divide in income levels, with Western and Northern countries earning more. Structural factors and productivity differences contribute to this income disparity. Adjusting for purchasing power narrows the gap but it remains significant. Teljes cikk (Euronews.com)