Tuesday, December 13, 2016

More than two million households, over-indebted – FAZ – Frankfurter Allgemeine Zeitung

More and more people in Germany have debt.

The number of over-indebted individuals and households has risen, according to a newspaper report. 2015 would have been 2.05 million households as over-indebted, according to the “Bild”newspaper, citing the poverty report of the Federal government. In 2013, there were 1.97 million households. For 2015, this means 4.17 million Affected. In the report it is stated thus: “A Trend, according to the since 2006, a steady increase is continuing.” Reason for over-Indebtedness on income poverty.

it is said that there is a nationwide 335.000 people of no fixed abode. Thus, the number of homeless has increased since 2006 to around 80,000. In the past year, nearly eight million people were on welfare or a minimum pension to depend on. These were, according to the “image” of 800,000 people, more than five years earlier.

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on the Other hand, the income of the workers increased, on average, between 2012 and 2015, to 10.7 percent. The income from property and entrepreneurial activity rose accordingly in the same period of around nine percent. 16.495 people achieved an annual income of more than one Million euros. In 2009, this figure had still been at 12.424. Almost 21 percent of workers, however, only received a wage of a maximum of ten euros per hour.


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