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More than 12% of Italian workers don't make living wage

Study says only Greece, Romania in worst position in EU

21 January, 14:32
More than 12% of Italian workers don't make living wage (ANSA) - Vatican City, January 21 - More than 12% of employed Italians cannot afford to live on what they earn, says a study issued Tuesday by the European Union. Only Greece and Romania are in worse positions in term of earning a living wage, with about 14% of workers in those countries unable to make ends meet, added the research.

Those findings are consistent with a report earlier this month issued by the national statistical agency Istat that said in the first nine months of 2013, the purchasing power of Italian households fell by 1.5% compared with the same period in 2012.

Overall, economic indicators suggest that 2013 will be remembered "as the worst year" in recent economic history, with spending on such necessities as medications falling by 2.5% in the first 10 months of the year and food spending falling by 1.3%, consumer group Codacons said earlier in January.

Italy has been enduring its worst recession since the Second World War and is only now emerging, according to estimates.