Nine Out of Ten Romanians Haven't Put Any Money Aside in the Past Year, and Many Have Called on Loans
11 Articles
11 Articles
The deterioration of the level of living after a year of austerity imposed by Ilie Bolojan has dramatic effects on Romanian incomes, shows a recent study. Nine out of ten Romanians have failed to put any money aside in the last year, and the pressure on family budgets is seen in all consumer decisions. Only 8.7% have saved, the rest have spent everything or have appealed to savings and loans.
Less than 10% of Romanians have managed to put money aside in the last year, while 25% have had to use savings or loans to meet basic expenses.
Reading Time: 4 minutesAccording to the most recent wave of MKOR Consumer Sentiment Romania study, only 8.7% of Romanians have managed to put money aside in the last year. The rest have strictly covered the basic expenses, have appealed to savings or have borrowed. The pressure is seen directly in what the Romanians buy and in what delay: fewer cars, more ...
MAIN CONCLUSIONS: Only 8.7% of Romanians have been able to save in the last year; almost 1 out of 4 has called for savings or made debts to cover basic expenses The intention to buy a car has been halved in a single year, from 8% to 4% Expecting to pay more for the exchange [...] The post STUDIUM: Only 1 out of 10 Romanians have been able to save in the last year, the rest have spent all or borrowed first appeared on Suceava News Online.
Only 8.7% of Romanians have been able to save in the last year, while a quarter of the population has had to call on debts or tight reserves to cover their daily subsistence expenses.The data from the latest study "Consumer Sentiment Romania", carried out by the research company Mkor, which shows a growing pressure on family budgets and a decrease in confidence in basic financial institutions.A quarter of the population lives on debt or reserves…
Only 8.7% of Romanians have managed to put money aside in the last year.One out of four has borrowed to cover basic expensesAlmost a quarter of Romanians have done their debt in the last year to pay the strictest they need, and trust in the National Bank of Romania has fallen to 3.8 points...
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