Economic Goldrums not only raise the number of corporate elventions, record values are also laid down in the private sector. We asked the styric debt consultancy: what are the reasons for the financial misery? How do debtors get from the devil spiral?
A high loan, higher costs of electricity and heating, more expensive foods: in economically difficult times, many people make their income around. But if there is also a juicy extra payment of the operating costs and is a non -planned repair for the car, some slide far into the minus and even if you lose jobs, even in a private bankruptcy. In the previous year, more than 1000 Styrians were hit by this personal financial disaster.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
