Erste Bank Savings and Credit Outlook: Austrians Only Cautiously Optimistic

BusinessEconomy ♦ Published: January 25, 2013; 12:42 ♦ (Vindobona)

Austrians: only one third expect an improvement in Europe's economic situation this year

Erste Bank Savings and Credit Outlook: Austrians Only Cautiously Optimistic / Picture: © Vindobona.org

Austrians on average plan to save and (re)invest about € 5,700 in various investment products in 2013 (+4.4% compared to the previous year). The desire to take on credit has increased slightly as well, 13% plan to take out a loan with an average size of €78,800 (+14.5%). Regarding the economic recovery in Europe, Mr. and Mrs. Austria are only moderately optimistic: approximately one…