Most Czechs Are Pessimistic

BusinessEconomy ♦ Published: January 21, 2013; 16:44 ♦ (Vindobona)

A clear majority of the Czech citizens expects that their individual financial situation will deteriorate this year.

Most Czechs Are Pessimistic / Picture: © Vindobona.org

According to a survey carried out by Provident Financial, Czech citizens fear a reduction of their living standard. Livining costs are expected to increase while the income is expected to stagnate. 68% of the interviewees fear that their real family income will decline this year. Only 7% of the respondents said that they expect an improvement. Particularly people aged over 55 are…