Deutsche Bank: Over half of Poles save money for "rainy days"

Over 55 percent of Poles put away money for a "rainy day", a poll published by Deutsche Bank shows. This is substantially more than was indicated in an identical poll last year, where only 34 percent declared the same tendency. In a report analyzing the financial portrait of Poles, the bank noted that, conversely, saving for things such children's education, a new residence or a larger retirement pension has decreased since last year. In the case of the latter, beyond the paying of mandatory premiums, only every fifth Pole saves money for this purpose. The report commented on these findings by saying that it shows that "positive economic indicators do not necessarily have to instantly impact the daily lives of most Poles," and that other factors, such as job insecurity due to "bad labor contracts" or a "poor industry state" may be at play in this situation.