Lunedì, 22 Ottobre 2018

Italian families struggling with increasing debt


Rome, June 11 - Italian families are ever more
indebted during the country's longest recession in 20 years, a
study by the country's central bank Bankitalia warned Tuesday.
The ratio of debt to disposable income for households rose
to 53.2% in 2011 from 30.8% in 2003.
Debts have increased especially for families in the south
from 26.7% in 2003 to 50.8% in 2011, the survey said.
Home mortgages are the leading cause of indebtedness.

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