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On the other hand, the top 10% had an average monthly income of €7,891.

That’s according to a report issued by Statec, the national statistics bureau, to mark International Day for the Eradication of Poverty, 17 October.

Statec said that 30% of people had experienced financial straits at least once between 2013 and 2016, and that residents under 25 are much more likely to experience persistent poverty.