Additionally, the situation of Luxembourg residents has notably improved as a whole, as the number of those surveyed declaring to be without savings has dropped from 21% last year to 14% this year. In contrast, the European score (38%) has stayed the same as last year.

Furthermore, Luxembourg, as well as the United Kingdom, by the way, is one of the two surveyed countries where the percentage of residents whose savings have increased is highest (30%), compared to the European average of 19%.
In concrete terms, this means that more than four out of ten persons surveyed in the Grand Duchy (26.4%) state that they have more than 50,000 EUR on their savings account.

More details on eZonomics.com: www.ezonomics.com/ing_international_survey/savings_2016 & on MyMoney.lu: www.mymoney.lu/luxembourg-super-saver/