A recent Eurobarometer survey has brought to light the evolving landscape of media consumption habits, revealing that people in Malta and Cyprus are most likely to get their news from social media platforms. Despite television being a predominant source of news for 71% of respondents across the European Union, an astonishing 70% of individuals in Malta and Cyprus disclosed that they access their news primarily through social media, marking the highest rate in the EU.

The study, which examined recent media habits, positioned Hungary in second place with 56% of respondents relying on social media for their news updates. Following closely behind were Latvia, Greece, and Bulgaria, each recording a 55% dependence on social media as a primary source of news.

The prevalence of social media as a news source is not limited to specific countries, as the survey found that 4 in 10 European Union citizens across the board actively follow influencers on various social media platforms. This trend underscores the increasing influence of online personalities in shaping public opinion and disseminating information.

As social media continues to play an integral role in the way people consume news, the findings of the Eurobarometer survey signal a noteworthy shift in media preferences. The results prompt reflection on the changing dynamics of information dissemination and the impact of social media platforms on shaping public discourse across Europe. As these platforms become key conduits for news consumption, it remains to be seen how traditional media outlets will adapt to meet the evolving preferences of today’s digital-savvy audience.

A recent study conducted by the Foundation for Affordable Housing has shed light on growing challenges for young adults in the realm of securing loans in 2023.

The study indicates that individuals aged between 20 and 25 years now face increased eligibility criteria, with a requirement of an annual income of at least €25,000 to secure a loan. Moreover, if interest rates increase in line with international market developments, these young adults could find themselves needing over €30,000 to qualify for a loan.

This shift in eligibility criteria not only affects the prospects of homeownership for the typical first-time buyer but also impacts renters and individuals who are separated or divorced. The study highlights that these demographics now require a higher income threshold to become eligible for a loan, further limiting their access to the housing market.

The Foundation for Affordable Housing’s study also delves into the financial strains faced by many families, revealing that 13,000 households are spending over 30% of their income on home-related expenses. This alarming statistic emphasises the heavy financial responsibilities borne by these families, underlining the urgent need for solutions to address the affordability crisis.

As the housing landscape evolves, policymakers, financial institutions, and advocacy groups are urged to collaborate in finding sustainable solutions. From reevaluating loan eligibility criteria to exploring initiatives that promote affordable housing options, addressing these challenges is crucial to ensure that young adults and struggling families are not excluded from the opportunity to secure a stable and affordable home.

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