Raging inflation, expensive loans, the bankruptcy of Credit Suisse – what are the directors of the largest Tyrolean financial institutions saying in these turbulent times? And what hand did the bosses themselves show with money? The “Krone” asked the most important questions …
Hardly a day goes by without inflation (10.9 percent in February!), renewed banking unrest or rising interest rates on loans making worrying headlines. No one is spared: those who put money aside will find it difficult to compensate for the depreciation of the currency with various forms of investment. And if you carry a mountain of debt with you, you swallow. Because in January domestic private households paid 284 million euros in interest, a year earlier that was only 148 million. The average citizen stands a bit helpless on the sidelines and wonders: “Where are all these developments going to lead?”
Source: Krone
I am Wallace Jones, an experienced journalist. I specialize in writing for the world section of Today Times Live. With over a decade of experience, I have developed an eye for detail when it comes to reporting on local and global stories. My passion lies in uncovering the truth through my investigative skills and creating thought-provoking content that resonates with readers worldwide.
