Financial satisfaction among Germans has reached a new record high: 43 percent are satisfied or even very satisfied with their financial situation. This is shown by this year’s Wealth Barometer, which the German Savings Banks Association (DSGV) presented in Berlin today.
Financial satisfaction reveals growing gap between town and country
Germans prefer shares to real estate
Shares are the most popular form of investment among Germans. This is the result of a representative survey carried out by the German Savings Banks Association (DSGV) to mark World Savings Day. Property and investment funds rank second, while real estate ranks third.
Schleweis: “Time has now come for more public investment”
Helmut Schleweis, President of the German Savings Banks Association (DSGV), called on the German government to increase public investment in response to the slowdown in economic growth.
Schleweis: “Third pillar of banking union has already been completed”
The German Savings Banks Association (DSGV) takes a critical view of the European Stability Mechanism’s (ESM) detailed proposal for the future development of the banking union and the development of a collectivised and centralised European deposit insurance scheme in several stages.
Schleweis: “A more expansionary monetary policy will do more harm than good”
“A more expansionary monetary policy will do more harm than good. The negative effects of this policy now outweigh the positive effects; at the same time, the positive effects have worn out", said Helmut Schleweis, President of the German Savings Banks Association (DSGV), in assessing today’s decisions of the European Central Bank (ECB).