Italy Has the Most People at Risk of Poverty in Europe
Italians at risk of poverty rose by more than 3 million since the 2008 financial crisis, marking the biggest increase among European nations. The trend continued last year despite the country’s return to economic growth. In 2016, Italians classified under European Union statistic rules as families with a very low income or without steady employment totaled 18 million, according to Eurostat. Both the rise in the nine-year period and the total number were the biggest among the 28 EU member countries, Bloomberg calculations based on the data show.