• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
LifestyleEurope
Europe

‘Holiday poverty’ is a very real problem for 40 million Europeans—and Ireland, France, and Italy are leading the pack

Prarthana Prakash
By
Prarthana Prakash
Prarthana Prakash
Europe Business News Reporter
Down Arrow Button Icon
August 1, 2024, 6:25 AM ET
a person looking down at their phone with screens at the back
“Holiday poverty” is hitting more European workers.We Are—Getty Images

Everyone loves a good vacation. But what if, despiteworking, you can’t buy yourself and your family a trip away?

Recommended Video

That’s increasingly the reality for European workers. Nearly 40 million people, or 15% of the European Union’s working population, face “holiday poverty” as they can’t afford even a week’s holiday, according to a study by the European Trade Union Confederation (ETUC), a union representing workers in the region. 

“Too many people are no longer seeing the benefits of Europe’s powerful economy in their everyday lives,” ETUC general secretary Esther Lynch said in a statement.  

The survey looked at European Union income and living standards data for people ages 18 to 64 in 2021 and 2022, and considered their ability to afford a one-week annual vacation away from home as a gauge of how economically strained they are.

During the two years in question, when the COVID-19 pandemic was still looming large, workers in the EU struggled to afford holidays. 

Some countries were worse off than others, with Italy having the highest number of workers who couldn’t pay for holidays (over 6 million people), while Romania (36%) and Cyprus (25%) had the highest share of workers compared to their populations facing similar difficulties. 

ETUC found that between 2021 and 2022, Ireland and France saw the most significant jump in the number of people unable to afford vacations. 

“A holiday is not a luxury. Having time away with family is key for protecting the physical and mental health of workers along with providing valuable experiences for children,” Lynch said. 

To be fair, the data that ETUC considered is from a period when the world was experiencing elevated interest rates and inflation, which pushed up the cost of living. Parts of the world were still grappling with pandemic-related restrictions in 2022, although the number of Europeans traveling had started showing signs of normalizing. Still, the trend of fewer workers being able to afford vacations has been observed in Europe even before lockdowns and the recent wave of economic volatility.       

The number of people unable to afford vacations shot up significantly in 2010, following the financial crisis. Those figures began recovering in the years leading up to the pandemic, but the trend has since reversed.    

Europeans take their time off very seriously. They have some of the world’s most generous annual leave allowances—higher than those in the U.S. and parts of Asia. That didn’t stop German and French workers from feeling deprived of vacations compared with their peers elsewhere in the world, an Expedia report found in June.

The ETUC’s Lynch highlighted the ability of working-class families to take vacations more easily as one of the major strides of the 20th century.

Travel has become far more accessible to the average person in recent years compared with historical norms, with the rise of budget airlines and short-term rental platforms (which have had adverse impacts on locals).

“These figures show how social progress is being reversed as a result of increased economic inequality,” Lynch said. 

ETUC expects the number of people experiencing “holiday poverty” rose further in 2023 as real wages across Europe have declined while the cost-of-living crisis presses on. If history is any hint of what the future holds, those numbers will normalize with time—until the next big Black Swan event hits the world.

Join us at the Fortune Workplace Innovation Summit May 19–20, 2026, in Atlanta. The next era of workplace innovation is here—and the old playbook is being rewritten. At this exclusive, high-energy event, the world’s most innovative leaders will convene to explore how AI, humanity, and strategy converge to redefine, again, the future of work. Register now.
About the Author
Prarthana Prakash
By Prarthana PrakashEurope Business News Reporter
LinkedIn icon

Prarthana Prakash was a Europe business reporter at Fortune.

See full bioRight Arrow Button Icon

Latest in Lifestyle

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.


Latest in Lifestyle

FDA
HealthDrugs
Female libido pill gets expanded approval for menopause by FDA
By Matthew Perrone and The Associated PressDecember 15, 2025
1 minute ago
Reiner
LawObituary
In 1987, she photographed Donald Trump for ‘The Art of the Deal.’ 2 years later, she met Rob Reiner on the set of ‘When Harry Met Sally…’
By The Associated PressDecember 15, 2025
13 minutes ago
Trump
PoliticsWhite House
Trump may have hit a new low as he blames Rob Reiner’s death on ‘Trump derangement syndrome’
By Michelle L. Price and The Associated PressDecember 15, 2025
30 minutes ago
Peter
LawM&A
Netflix CEOs seek to reassure staff about Warner Bros. deal
By Rose Henderson and BloombergDecember 15, 2025
34 minutes ago
Rob Reiner
LawCrime
Rob Reiner’s 32-year-old son in jail after fatal stabbing at Los Angeles home
By Christopher Weber, Michael Balsamo and The Associated PressDecember 15, 2025
37 minutes ago
Man picking beets
PoliticsEconomics
Rich Western countries face a stark choice: 6-day workweeks or more immigration, top economist warns
By Eva RoytburgDecember 15, 2025
7 hours ago

Most Popular

placeholder alt text
Success
'I had to take 60 meetings': Jeff Bezos says 'the hardest thing I've ever done' was raising the first million dollars of seed capital for Amazon
By Dave SmithDecember 15, 2025
6 hours ago
placeholder alt text
Success
Meetings are not work, says Southwest Airlines CEO—and he’s taking action, by blocking his calendar every afternoon from Wednesday to Friday 
By Preston ForeDecember 15, 2025
8 hours ago
placeholder alt text
Success
Sorry, six-figure earners: Elon Musk says that money will 'disappear' in the future as AI makes work (and salaries) irrelevant
By Orianna Rosa RoyleDecember 15, 2025
9 hours ago
placeholder alt text
Uncategorized
Transforming customer support through intelligent AI operations
By Lauren ChomiukNovember 26, 2025
19 days ago
placeholder alt text
AI
Deloitte's CTO on a stunning AI transformation stat: Companies are spending 93% on tech and only 7% on people
By Nick LichtenbergDecember 15, 2025
12 hours ago
placeholder alt text
Real Estate
A 'new era' in the housing market is about to begin as affordability finally improves 'for the first time in a bunch of years,' economist says
By Jason MaDecember 14, 2025
24 hours ago