EU populism feeds on poverty, World Bank warns

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 ...