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One in three Italians can't make ends meet - report

51.8% have to draw on personal savings, Eurispes says

30 January, 17:38
One in three Italians can't make ends meet - report (ANSA) - Rome, January 30 - Nearly one in three Italians are unable to make ends meet and stretch their salary until the end of the month, a private Italian think-tank said Thursday.

In its annual country report, Eurispes highlighted how many people in crisis-hit Italy "are now affected by the so-called fourth-week, if not third-week, syndrome", in reference to the point at which personal income runs out. It said 51.8% of Italians get through the month only by drawing on their savings. One in four Italians have taken out a loan in the last three years, with almost a third of loans in the range of 1,000-10,000 euros.

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