[np] Peripheral euro zone household wealth trumps core - ECB study

[Kai Frederik Lorentzen]

http://uk.reuters.com/article/2013/04/09/uk-ecb-wealth-eurozone-idUKBRE9380KX20130409

"Average net wealth in Spain was 291,400 euros (247,910 pounds) and in 
Italy 275,200 euros, significantly higher than in triple-A rated Germany 
(195,200 euros), the Netherlands (170,200 euros) and Finland (161,500 
euros).

The data, which was mainly collected in 2010, showed that the perception 
of rich northern European countries helping their poor southern cousins 
was not accurate, and that solid public finances are no indication of 
high personal wealth."

Surprised?


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