Thursday, July 30, 2009
One In 20 Italians Lives In Absolute Poverty
 
THE ANNOTICO REPORT

Why is it that in Supposedly Civilized Nations (US & Europe) that the Disparity between Rich and Poor is spiraling back to Feudalism... 

Why do the Middle Class and Lower Class allow themselves to be distracted and divided by "vacuous" issues, introduced by the Wealthy and Oligarchies, and cause the "Haven't got much" to vote vs their Self Interests, or ALL LOW their Elected Representatives to be bought by the Oligarchy Lobbyists. ????



One In 20 Italians Lives In Absolute Poverty 

New York Times; By Reuters; July 30, 2009

ROME (Reuters) - One in seven Italians scrapes by on less than 1,000 euros (£853) a month and roughly one in 20 lives in absolute poverty, unable to maintain a minimum standard of living, the national statistics agency said Thursday.

The proportion of Italians living in relative poverty -- defined as monthly spending of 999.67 euros or less -- rose last year to 13.6 percent of the population or 8.78 million people, the ISTAT agency said.

That was up from 12.8 percent in 2007, with the country's economically depressed south bearing the brunt. Families with more than three children, young bread winners or elderly relatives were among the groups worst affected.

In southern Italy, 26.7 percent of individuals were living in relative poverty. That was more than three times the level in central Italy (8.1 percent), and four times the rate in the north (5.9 percent).

The number of people living in absolute poverty -- not enough to buy even the basic basket of goods required for a minimum standard of living -- rose to 2.9 million or 4.9 percent of the population, up 0.8 percentage point in a year.

The proportion of people living in absolute poverty was far higher in southern Italy: it climbed to 8.1 percent last year from 6.0 percent in 2007.

http://www.nytimes.com/reuters/2009/07/30/
world/international-uk-italy-poverty.html?_r=1
 

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