Second World Summit for Social Development

Tabled by Séverine Werbrouck

… inequalities between people and regions persist, particularly income and gender inequalities, while Removed: inflation Added: the energy crisis and the rising cost of living disproportionately affect low-income and vulnerable households; Added: whereas many citizens in the EU face poverty, social exclusion and precarious living conditions, while uncontrolled mass and illegal immigration places unsustainable pressure on national welfare systems, diverting scarce resources away from the European citizens and families most in need; whereas the housing crisis remains a significant challenge throughout the EU, leading … social convergence and the social well-being of people living in the EU; Removed: whereas some studies suggest that in Europe the wealthiest 10 % on the continent own a staggering 67 % of its wealth, while the bottom half of adults possess only 1.2 % of it1; whereas in 2023, the Gini coefficient for the EU27 was 29.6 %, trending slightly downwards since 2014 with 13 Member States above this average2; ______________ 1 Global Wealth Report 2023, Credit Suisse AG. 2 Living conditions in Europe - income distribution and income inequality, Eurostat, November 2024.

Wording as published by the EP, in English. PE772.196v01-00