Savings banks sound the alarm!  THIS horror forecast is likely to hit customers on the stomach

This horror prognosis from the savings bank should scare many customers!

Because the savings bank warns of the devastating consequences of the sharply rising prices. According to this, households with a monthly net income of less than 3600 euros would have no money left at the end of the month!

Savings banks sound the alarm!

Because of the current price jumps, especially for energy and food, around 60 percent of private households need their entire monthly income and more to cover current expenses, said Helmut Schleweis, President of the German Savings Banks and Giro Association on Tuesday (September 13 ) at a press conference.

Households that have a monthly net income of less than 3,600 euros are likely to have no money left at the end of the month and then have to partially fill the gaps with their own savings.

Therefore, the Savings Banks President appealed to the federal government to think in particular of these income groups in the planned relief packages.

Sparkasse appeals to the federal government

The press conference also focused on the sharp rise in energy prices for medium-sized companies. The savings banks evaluated the situation of around 300,000 corporate customers.

“All German companies are now affected by massive increases in energy prices. For energy-intensive companies in particular, this means a massive increase in production costs that often cannot be managed on their own,” says Schlewis.


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But companies are also suffering greatly from the increased prices for gas and electricity. “If we want to face the economic threat from Russia together, then these companies need help,” said Schlewis. (oa)

Source: Derwesten

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J. A. Allen

Author, blogger, freelance writer. Hater of spiders. Drinker of wine. Mother of hellions.

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