Grumpy Old European

Archives for Economy & Euro

According to the partial results of the latest ECB survey, the median wealth of Spanish households stands at €178,300 while that of their German counterparts languishes at €51,400. This is largely due to contrasting approaches to bricks and mortar: nearly 50% of Germans rent their accommodation and only 25% own it outright, whereas less than… » read more

Posted by Hugh Barton-Smith