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REPORT ON POVERTY AND WEALTH

REPORT ON POVERTY AND WEALTH

4 August, 2004

Quoting an enormous amount of facts and figures, this first “Report on Poverty and Wealth in Austria” delivers the proof on 92 pages for what had been suspected by many: both, poverty and wealth are growing in Austria. Financial and material assets have, up till now in Austria, achieved a value of above 2,100 billion euros. The dimensions of wealth accumulated - and it is permanently growing - surpass any expectation. Despite, public discussion continues on how to cut down on the very poor in Austria. The report delivers material for argumentation on why and how the assets should contribute to the common welfare.