//
you're reading...
Italy

Italians poorer, wealth gap widens

Poverty is on the increase among Italians and so is inequality of wealth, according to the Bank of Italy. Figures from the country’s central bank show that in 2010 14.4% of Italians were poor – defined as having an income lower than half of the average – up one percentage compared to 2008. The proportion of poor among foreign citizens residing in Italy was significantly higher, at 40%. The richest 10% of families owned 45.9% of the wealth, compared to 44.3% in 2008, showing a widening gap between haves and have nots. Bankitalia

About revoltingeurope

Writer on Europe's Left, trade union and social movements @tomgilltweets or @revoltingeurope

Discussion

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Twitter Updates

Enter your email address to follow this blog and receive notifications of new posts by email.

Follow Revolting Europe on WordPress.com

Subjects

THE EURO

The Dossier

FRANCE

GERMANY

GREECE

ITALY

PORTUGAL

SPAIN