Struggling through

ONE third of Spanish people struggle to make it to the end of the month.

According to a new nationwide survey carried out among 2,000 residents throughout the country, 41 per cent of interviewees manage to save “very little,” while 36.4 per cent “just about” make it to the end of the month.

Among those who are worse off, 10.3 per cent admit having to use their savings to pay for monthly bills and nearly 6 per cent have been forced to take out loans to cover their living expenses.

In all, households in Spain have suffered a significant loss of purchasing power, with ever increasing electricity bills, mortgages and food bills, which are now nearly €900 higher a year.