Bankitalia: one third of families have reserves for only 3 months

(ANSA) - ROME, JULY 07 - "More than a third" of the interviews in the Bank of Italy's extraordinary survey on families "declares that they have sufficient financial resources for less than 3 months to cover the essential consumption expenses of the family in absence of other entries, a period compatible with the lockdown duration linked to the Covid-19 emergency. " According to the survey, "this share exceeds 50 percent for the unemployed and employed workers on fixed-term contracts. Just under a fifth of the self-employed and fixed-term employees are in this condition and at the same time suffered a reduction of over 50 percent of family income in the first two months of the health emergency. " (HANDLE).