Rock-bottom rates convert German savers to spending

After diligently setting aside his earnings for years, Sebastian decided last year it was time to splurge. With interest rates at record lows, the 36-year-old took out two loans and bought a three-bedroom flat in a leafy Berlin suburb for 228,000 euros. “I don’t think it’s ever been as cheap …

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Rock-bottom rates convert German savers to spending

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