“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
(Visited 36 times, 1 visits today)
Related posts:
Thousands flood Istanbul’s protest square after police clashes
Japan says it faces increasing threats from China, North Korea
City of Berkeley fights U.S. civil action against marijuana dispensary
IRS targets First Caribbean International Bank thanks to 'voluntary disclosure' program
Missouri governor vetoes bill to nullify federal gun laws
Billionaire investors take aim at Fed's policies at Sohn event
Obama won’t push Middle East peace initiative in Israel trip
Al-Qaida chief Ayman al-Zawahiri says U.S. behind coup against Mohamed Morsi
UK government pays Libyan dissident’s family £2.2 million over MI6-aided rendition
Throwing children in prison turns out to be a really bad idea
Rolls-Royce Lays Bare Entrenched Failings to Stunned Investors
After vote, China tells Taiwan to abandon independence "hallucination"
HSBC won't give me more than £1k of my own cash over the counter
Homeland Security's domain seizures worries Congress
Thriving UK Housing Market Creates 77,894 More 'Millionaires' Last Year