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A new element in the European Consumer Payment Report 2019 is the launch of the Financial Wellbeing Barometer. The Barometer provides additional means to track and compare consumers financial security to meet everyday spending needs and control of their finances across 24 European markets.
The European Consumer Payment Report (ECPR) is an annual report which describes European consumers ability to manage household finances. The report is based on an external survey of 24,000 consumers in 24 European countries.
4 out of 10 Europeans say their interest in sustainability motivates them to limit their spending. As Black Friday approaches, does this indicate a shift towards a more sustainable consumption?
4 out of 10 Europeans say they do not save money each month. The situation is most prominent among consumers in Latvia and Greece, where close to 60% state the same. Savings can help us achieve our dreams and not end up in financial strain, says Anna Fall, Chief Brand & Communications Officer at Intrum.
There is a gender gap in debt collection claims in the Nordic region. A new report from Europe’s largest credit management service company Intrum shows that close to 6 out of 10 debt collection cases regard male debtors.
More senior citizens are struggling with debt in the Nordic region and the growth is twice as large compared to other age groups. “Underlying long-term demographic trends and new consumption patterns can be two explaining factors,” says Anette Willumsen, Managing Director – North European Region.
The summer holidays are coming, but travelling to faraway shores can be expensive, and for some people a vacation is a source of further stress. Our report show many Europeans taking loans to pay for their holidays.
Six out of ten SMEs around Europe experience pressure to accept longer payment terms. One in four say the pressure is coming from large, multinational corporations. Sound payment terms should be the norm, says Mikael Ericson, CEO and President of Intrum.
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