Spain approves targeted basic income for households at risk of poverty

Spain approves targeted basic income for households at risk of poverty

The Spanish government has approved a targeted basic income for households at risk of poverty.

Some 850,000 households and 2.3 million people will be eligible to receive the basic income in a move that is estimated will cost three billion euros per year, with the application process opening on June 15.

Individuals will receive €462 a month and an extra €139 a month for each additional dependant.To be eligible, applicants must be aged between 23 and 65, or over 18 with underage dependants. They must have resided in Spain for at least a year – except for victims of gender-based or […]

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