“There is no strategy without money,” said Juliana Wahlgren, director of the European Anti-Poverty Network. “How are we going to implement it if, funding-wise, this is not a priority?” Poverty target slipping The EU wants to reduce the number of people at risk of poverty or social exclusion by at least 15 million from 2019 to 2030, and eradicate it by 2050. That target was set in 2021. But by 2025, that number had fallen by just 3.4 million, according to the draft of the strategy seen by POLITICO. Across the bloc in 2025, 20.9 percent of the population was at risk of poverty, down only marginally since 2019, when it stood at 21.1 percent. The picture varies sharply across the bloc. Romania and Bulgaria have reduced the share of people at risk of poverty by around a third over the past decade, while some of the EU’s richest countries have moved in the opposite direction. The Covid-19 pandemic reversed a trend of falling poverty numbers in France, Austria and Germany, among others. In those …