Research

Mixed fortunes for savers in Europe

An ING International survey on financial behaviour

Europeans are making a conscious effort to boost their savings. The ING International Survey on Savings 2016, which surveyed almost 15,000 people across 15 countries, reveals one in five (19%) people in Europe grew their savings over the last 12 months, with the UK and Luxembourg having the largest share putting money away (30%). However, the source of this growth is not because people have more money. In fact, over a third (36%) of savers in Europe are making a deliberate decision to save more, despite not earning more.

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