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Poverty in Italy at worst for 10 years in blow for PM Renzi
Thursday, July 14, 2016 13:03
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The number of people living in poverty in Italy hit its highest level for a decade in 2015, data showed on Thursday, in a report that could hurt centre-left Prime Minister Matteo Renzi.
Those living in “absolute poverty” rose to 4.6 million last year, or 7.6 percent of the population, up from 6.8 percent in 2014 and the highest since current records began in 2005, national statistics bureau ISTAT reported.
Renzi, who came to power in February 2014 promising to kickstart a chronically stagnant economy, has seen his popularity ratings fall steeply over the last year as economic and job growth has remained listless …. http://www.reuters.com
Source: http://luismmx.blogspot.com/2016/07/poverty-in-italy-at-worst-for-10-years.html
