PIE: Almost 1/2 of middle class members has no savings, but loans
Almost half of the middle class in Poland, estimated by the Polish Economic Institute (PIE) at 11-12 million people aged 24-64, has no savings but is burdened with loans (45 percent of respondents in both cases), according to the survey carried out by PIE in April this year.
PIE reserves that these calculations do not include persons under 24 years of age and persons over 64 years of age. Institute explains that these people are largely not professionally active, hence assigning them a class position based on their profession or income cannot be considered an accurate measurement tool.
(ISBnews)
