Economic independence

Economic independence is a concept which, in policy matters, is associated with the minimum subsistence level. In equality policy a person is considered to be economically independent if the individual net income level from labour and from business activities is at least the same as according to policy values applied to individual minimum income or higher. This threshold value is set as the equivalent of 70% of legal minimum wage, i.e. the net amount of social assistance provided to a single person. In 2017, the lower limit for economic independence was 950 euros per month.