The World Bank has warned that deepening economic inequality in the EU risked fuelling populist politics.

The US-based development body is to say in a report, out on Thursday (8 March), that inequality has been “mounting in many parts of the EU since 1990 as low-income Europeans have been falling behind in the labor market.”

Its figures show that the earnings of the poorest 10 percent of Europeans fell by 7 percent in recent decades, while the earnings of the EU’s wealthiest 10 percent grew by 66 percent.

The report notes that poor regions in parts of eastern Europe, such as Hungary and Poland, still have less than 50 percent of the EU average GDP per capita, even though national economies in the east have prospered.

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