The salaries and wealth of
working-age Italian people has dropped below the level of 1995,
before the introduction of the euro, the International Monetary
Fund said Thursday in its Article IV on Italy. It added that
per-capita salary levels will not get back to pre-crisis levels
for a decade. It said the proportion of Italians at risk of
poverty had climbed to 29%, with a peak of 44% in southern
Italy.
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