Crisis: Poor families increase in Italy and Spain

In Italy financial issue rates increased from 16 to 26%

27 June, 17:46

(ANSAmed) - BRUSSELS, 27 JUNE - European families forced to draw on their own savings or make debts to face common expenses are increasing, according to the European Commission's EU Employment and Social Situation Quarterly review. As Brussels pointed out, the number of poorest families in Italy and Spain was subject to an "especially considerable" increase; financial issues' rates increased from 16% and 23% in April 2011 to 26% and 33% in April 2012. (ANSAmed).

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