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Austria: Saving Popular Despite Negative Real Interest Rate
Trend clearly points to short-term investments: People feel it is important to have their money available in case of a change in the investment situation. 54 per cent save less than € 100 per month, 7 per cent more than € 500.
Austria: Saving Popular Despite Negative Real Interest Rate / Picture: © Vindobona.org
The latest Bank Austria Investment Barometer for World Savings Day shows surprising developments and strategies among investors under the current difficult conditions: There has been a decline in the traditional reasons and motivations for saving or investing. Of those surveyed, 62 per cent say that they can save less now than in the past. Nevertheless, traditional savings products such…
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