Austria Savers Remain Cautious

Businessn.a. ♦ Published: February 5, 2011; 13:35 ♦ (Vindobona)

For 67% of Austrian savers, savings’ security is a priority. High yields only plays a role for about 10% .

Austria Savers Remain Cautious / Picture: © Vindobona.org

A survey by the Spectra Institute indicates that Austrian investors remain conservative. Despite the upward trend of the stock exchanges, the mood is still skeptical. The most popular forms of investment are, accordingly, the traditional savings account and the building loan agreement.

For 67% of the respondents, the security of the system is the most important issue, and only…