About 6.2m people in Italy live in absolute poverty, about 10 per cent of the Italian population, a figure that has almost doubled in the past two years, according to the country’s national statistics agency Istat. About 4m people are considered to suffer from hunger, of which 10 per cent of these are children under five and 14 per cent are older than 65. Real incomes are now lower than 15 years ago. Economists say Italy may well pull out of its triple-dip recession in 2015 but even the most positive forecasts estimate shallow growth. In real terms, Italy’s economy has shrunk over the past 10 years. According to data released last week Italy’s joblessness rate has hit an all-time high of 13.4 per cent.
Posted on: Mon, 12 Jan 2015 22:12:47 +0000
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