COVID has boosted family financial vulnerability - CONSOB

(ANSA) - ROME, DEC 10 - COVID has boosted the financial vulnerability of Italian families, bourse regulator CONSOB said in a new survey Thursday.
    Some 30% of those polled said they would not be able to face an unexpected expense of 1,000 euros.
    Just over 30% said they had seen their income diminish over the past year.
    Some 47% said they had contracted a debt.
    Less than 20% say they do not know how much their pensions will be.
    Over 10% of those polled said they had eaten into their savings.
    GDP will fall by about 12% this year, CONSOB said.
    The labour market has been "hit hard" too, it said. (ANSA).