The financial position, or net lending, of general government showed a deficit of 12.9 billion euros in 2020, while in the previous year it was 'only' 2.4 billion.
When the pandemic broke out, wages and salaries decreased by over 1 billion euros, but consumption diminished even more, which resulted in a significant increase in the saving rate.
7% of the EU population said in a survey that they could not afford to heat their homes. The percentages vary widely depending on the country, from 33.7% in Bulgaria to 1.6% in Austria. In the…
A working group of the Ministry of Finance proposed that the amount of a household’s all credits should not exceed 4.5 times the annual gross income of the household when applying for new credit and…
In the European Union, Ireland recorded the highest proportion of households with children (39%), ahead of Cyprus, Poland and Slovakia (all 36%) and Romania (35%). The lowest rates were recorded in…
On average young people in the European Union leave the parental household at the age of 26, but there are significant variations depending on the country and the gender. In general, women tend to…