Thursday, September 10, 2009

Poles deep in debt

Poles have fallen in to a collective debt exceeded 3 billion euro, shows a report by the Economic Information Office.

In the last four months the amount of personal debt has grown by 20 percent and in the last year by 70 percent.

Over 1.5 million people in Poland are indebted, shows the report. Most of the debtors are men. Women tend to pay off debts more often.

The most indebted are the inhabitants of the Mazovia and Salisia provinces. In August the average debt in the regions equaled 8 203 zloty (1 960 euro).

According to the report, a debtor is a person who has an active debt for more than 60 days, resulting from not paying off a loan, rent, TV license or alimonies etc.