Consumer Debt in Germany: Status and Development

Autor: Sally Peters
Jazyk: němčina
Rok vydání: 2022
Předmět:
Zdroj: Wirtschaftsdienst, Vol 102, Iss 3, Pp 162-165 (2022)
Druh dokumentu: article
ISSN: 1613-978X
DOI: 10.1007/s10273-022-3126-3
Popis: Abstract This article looks at over-indebtedness in Germany and its current status and trends. COVID-19 created increased attention on private debt and over-indebtedness. Various studies within the last two years show the severe financial impact of the pandemic; the situation has only eased in phases, but remains critical overall. A fundamental undersupply of efficient and effective debt counselling has become apparent. Current developments (especially with regard to energy prices) have increased the need for debt counselling.
Databáze: Directory of Open Access Journals