CroatiaApproximately 13% of retirees in the European Union continue working after retirement, often due to financial necessity. According to Eurostat data, pensions in the EU are significantly lower than pre-retirement earnings, making it difficult for many older individuals to maintain their standard of living. In 2023, nearly 12.9% of EU citizens continued working during the first six months after qualifying for old-age pensions. The percentage varies widely across countries, with Estonia having the highest rate at 54.9%, while Romania has the lowest at 1.7%. Financial need is a major reason for continuing work, especially in countries like Cyprus, where 68.5% of retirees cite this as their motivation. Croatia ranks among the countries where financial necessity is a significant factor, with 48.2% of retirees working due to financial reasons.
Bias read (Center): The article presents statistical data and expert opinions without overtly favoring any particular political stance. It discusses pension policies and their impact on retirees but does not take a clear ideological position or use biased language.
