Based on the Average Poverty Level Assessment, Lithuania Is the Poorest Country in the Eu

Lietuvos Radijas ir Televizija

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Based on the assessment of the average poverty level, which calculates the average time it takes to earn 1 US dollar, Lithuania has been assessed as the poorest country in the European Union (EU), the portal "Verslo žinios" announced on Monday.

vz.lt

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According to the "average poverty" methodology developed by an economist from Oxford University, which calculates the time it takes to earn $1, Lithuania turned out to be the poorest country in the European Union. There are various indicators, experts remind us, and this one is extremely unfavorable for Lithuania. However, it highlights the country's weaknesses that need to be overcome.