European Household Wealth Is 10% Below Pre-Crisis Levels; But Don’t Cry For The Top 5 Percent

European Household Wealth Is Still 10% Below Pre-Crisis Levels

The 2008 financial crisis and subsequent Eurozone crisis, which lasted from 2010 to 2014 impacted the major Eurozone economies more than initially predicted according to a new study out from the European Central Bank.

The scale of the double-dip crisis has been well documented. From the ghost villages in Spain to the 30% plus levels of youth unemployment across southern Europe, the fallout of the crisis’ is all too easy to see.

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