​This book examines social inequalities in Europe, especially those caused by economic factors. It starts with the paradox of European inequality, where on the one hand, even total income inequality in Europe is significantly lower than in most parts of the world; but on the other, Europe is also characterised by profound and durable inequalities within the continent. It discusses inequalities caused by the exclusion of marginalised groups from the labour market, with considerable and sometimes increasing differences between central and peripheral regions, pronounced wealth and labour market inequalities, and significant rates of persistent poverty, deprivation, educational poverty, low wages and unemployment. The book also discusses broader territorial inequalities, which are the basis for divisions between Northern and Southern Europe, East and West, between qualified and unqualified employees, younger and older people, men and women, and migrants and non-migrants. The book raises questions about the winners and losers of the social transformations linked to the introduction of the Euro, the Eastern enlargement of the EU, and the financial and Eurozone crises. It is based on a comprehensive analysis of a European-wide microdata set on income and living conditions (EU-SILC). The empirical research material, which is the first to deploy this data in a comprehensive manner, consists of detailed empirical analyses of social divisions and Europeanisation processes in 30 European countries. It analyses and explains the transformation of the previously dominant national spaces into a European social space.