Germans are “poorest” in Europe

11th April 2013, Comments 0 comments

A recent ECB survey found that the average capital of a German household is far below the EU average.

 Germans are “poorest” in Europe
De Standaard

 According to a survey by the European Central Bank, the average capital of a German household including the value of owned property was €51,400 euros in 2010, which is lower than the average household capital in other European countries.

According to the ranking, whose methodology has been contested, the richest households in Europe are in Luxembourg (€397,800), ahead of Cyprus (€266,900), Malta (€215,900), Spain (€182,700 euros) and Italy (€173,500).

The daily, which calculates that the capital of the average Belgian is four times higher than the capital of an average Germany, expresses its surprise at the fact that the Germans will have to pay most for the Cypriot bailout.

Read this article in German.

Reprinted with permission of Presseurop.




0 Comments To This Article