Two in five Italians don't save - CONSOB

Financial pressure, debt made it impossible for 40% in 2016

(ANSA) - Milan, October 4 - Two in five Italians did not save any of their earnings in 2016, because of debt or money being too tight, stock-market regulator CONSOB said in a report on Wednesday.
    It said the other 60% regularly put money aside. The report said over half of Italians invested their savings after advice from relatives, friends or colleagues.
    Only a quarter took advice from financial consultants.
   

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