
“Switzerland tops a list compiled by Handelsblatt for money saved on average by average households. The Swiss put aside 17.5 percent of gross income into savings last year. This may not be entirely surprising given that incomes in the mountain country are three to four times as high as in most European countries. Switzerland’s unemployment rate of 2.9 percent in June compares with an average in the European Union of 12.1 percent in May, according to Eurostat. The report highlights a growing divide between wealthy northern countries and poorer countries in southern Europe. In Greece, the rate was negative 6.4 percent as citizens dug into existing reserves.”
http://www.thelocal.ch/20130717/swiss-top-the-tables-for-household-savings-report
Related posts:
Japan Firm Told Workers To Lie About Radiation Dose
Richard Branson: Space tourism won’t hurt environment
Glenn Greenwald: Snowden’s Files Are Out There if ‘Anything Happens’ to Him
Gold at a huge premium as Indian imports dry up; survival of small jewellers at stake
Rural Chinese children ‘left behind’ as parents join mass migration to the cities
FBI continues to investigate Hastings for 'controversial reporting'
Gitmo inmate who was deemed no threat on hunger strikes and force feedings
Banking Crisis Awakens Hopes for Cyprus Reconciliation Between Turks and Greeks
Peaceful Azerbaijan rally against police violence broken up brutally by police
I worked on the US drone program. The public should know
Poll: Public doubts rise on surveillance, privacy
Reminder: A New Light Bulb Ban Kicks in on January 1
Greece Seeks Taxes From Investors in London Property
What Venezuelan savers can teach everyone else
Bitcoin among virtual currencies targeted in US crackdown on tax evasion