Nearly a quarter of the German population reports significant financial losses due to the corona crisis, – showed a study conducted by Deutsche Bank. Most of the respondents said that their income decreased by an average of 400 euros, compared to the time before the pandemic.
The financial losses hit especially hard on the residents of the country, who already had relatively low incomes. Summing up, the bank said that half of all low-paid workers believe that they are on the border of the cost of living.
However, there are those who managed to improve their situation during the crisis. Five percent of the 3,200 people surveyed said that their income increased during the coronavirus crisis.
Germany says this:
New radical restriction in Germany: meeting up to two people from another family
Germany: Increased benefits will be paid in 2021
Germany: € 4 million extra for climate protection
Germany: What to do if a Russian foreign passport is expired