Official figures show that the number of Italians who are in a grave economic condition has increased to an alarming point, Press TV reports. Italy’s National Statistics Institute, ISTAT, said in a newly released report that at the end of 2012, around 15 million people were dealing with some form of economic hardship. The report added that over 8.5 million of those people were living in a seriously... 

Italians staging a protest against austerity in Rome Official figures show that Italian households have experienced a record fall in income for 2012, as the country’s economy is expected to remain bleak. Italy’s national statistics agency Istat reported on Tuesday that the households’ purchasing power contracted by 4.8 percent last year, making it the worst result since 1990 for Eurozone’s...