The haves and have nots

Spain suffers an inequality epidemic

In Spain, the richest 1% have almost as much wealth as the poorest 80% (Photo: EFE)

By Alex Watkins

GROWING inequality is a global problem but is particularly pronounced in Spain, according to the NGO Intermon Oxfam.

Shockingly, it has increased 10 times more than the European average.

An analysis of inequality in 20 countries by Morgan Stanley investment bank placed Spain fourth from bottom, only behind Portugal, Italy and Greece.



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