New data from the European Central Bank shows Ireland’s citizens lost more of their personal wealth than any other Eurozone country in the aftermath of the financial crash, while Germany and the Netherlands gained the most.
EBC experts which carried out analysis of the years between 2009 and 2013 discovered that Ireland lost more than €18,000 per person, while Spaniards lost almost €13,000, as property values in both countries plummeted.
Greeks saw their national wealth decline by almost €17,000 for the same reason.
In Germany and the Netherlands, there wealth grew roughly €19,000 and €33,000 per capita due to a boost in financial investments over that time.
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