In major cities across Europe, particularly in Spain and France, a major exodus occurs in August.
In Madrid, for example, traffic becomes quieter, restaurants close and offices lie empty as locals flock to the coast to escape the stifling heat. These holiday migrations, as Statista’s Niall McCarthy explains, are the norm in both countries where people can easily take them for granted.
There are exceptions, however, with new and depressing data from Eurostat showing that holidays are simply unaffordable for large numbers of Europeans.
You will find more infographics at Statista
The highest share of people who could not afford a one-week holiday away from home in 2018 was recorded in Romania at 59 percent. Croatia came second with 51.3 percent while Greece and Cyprus were tied for third with 51 percent. Large proportions of the population in Italy (43.7 percent), Ireland (35.3 percent) and Poland (34.6 percent) also said a one-week holiday was out of their financial grasp. Even in Spain where long holidays in August are typical, 34.2 percent of people said they still could not pay the costs of a week-long break.
Zero Hedge’s mission is to widen the scope of financial, economic and political information available to the professional investing public, to skeptically examine and, where necessary, attack the flaccid institution that financial journalism has become, to liberate oppressed knowledge, to provide analysis uninhibited by political constraint and to facilitate information’s unending quest for freedom. Visit https://www.zerohedge.com
This post has been republished with implied permission from a publicly-available RSS feed found on Zero Hedge. The views expressed by the original author(s) do not necessarily reflect the opinions or views of The Libertarian Hub, its owners or administrators. Any images included in the original article belong to and are the sole responsibility of the original author/website. The Libertarian Hub makes no claims of ownership of any imported photos/images and shall not be held liable for any unintended copyright infringement. Submit a DCMA takedown request.