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Germans Are Savings Champions Followed by Austrians

Published: October 27, 2011; 14:12 · (Vindobona)

Erste Group Savings Study: Germans save most (€ 180 per month), followed by Austrians (€ 168) and Britons (€ 160). In CEE, the Czechs and Slovaks (€ 90) are the tireless savers.

Germans Are Savings Champions Followed by Austrians / Picture: © Vindobona.org

The savings behavior across Central and Eastern Europe is rather inconsistent. One in two Austrians, Czechs and Slovaks are used to putting money aside regularly, while Hungarians and Ukrainians are only now starting to acquire this habit. Whereas the Britons are twice as committed to spending as they are to saving, it is mostly the Slovaks and Hungarians who think twice about spending…

This article includes a total of 721 words.

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