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German Bank Accounts: How Much?
A recent study conducted by the Deutsche Bundesbank (BBk) has revealed that the average net worth of German households is €316,500, including cash, bank deposits,
German households own €316,500
The Covid-19 pandemic has contributed to a record high in the net worth of German households, reaching €316,500, according to a study by the Deutsche
New poverty line: 3,500 euros
A recent study by the German Savings Banks Association (DSGV) has revealed that a net income of €3,600 is now considered the poverty line in
New poverty line: €3,600 net
The current inflation and associated price increases are a direct result of the European Central Bank’s years of money expansion. According to a recent study
One Third of Germans Have No Savings
The inflation in Germany is hitting people hard, with many unable to save money or having already depleted their savings. According to a study by
German Wealth Reaches Record High
The private wealth of Germans has reached a new record high of 7.325 billion euros in the second quarter of 2021, with the main driver
Record High Private Wealth in Germany Amid Covid-19
Despite the economic uncertainty caused by the Covid-19 pandemic, private incomes in Germany have remained relatively stable. In fact, private wealth has reached a new
