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Germans Taking on Personal Debt at 'Nearly Twice the European Average'

Summary by The Local - De
People in Germany are taking on more debt, and are more concerned about their financial futures than European counterparts, a new study found.

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Center

Although inflation has recently weakened, prices for rents or services are rising. According to a survey, eight out of ten people in Germany are looking to their financial future with concern - more than in other countries.

·Hamburg, Germany
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Lean Left

»Deeply arrived in the middle of society«: Many people already do not know whether they can pay bills on time. The concern that the financial situation continues to deteriorate is great.

·Germany
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Most respondents said they had reduced spending in the past 12 months

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Many people already do not know whether they can pay bills on time. The concern that the financial situation will continue to deteriorate is great, especially in a country in Europe.

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Bias Distribution

  • 67% of the sources lean Left
67% Left
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Spiegel broke the news in Germany on Wednesday, July 9, 2025.
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