Sentences about household wealth (Cyprus fact of the day)

On average, the wealthiest households are in Luxembourg, but Cyprus, which last month came close to a complete financial meltdown, was second.

That is from the eurozone.  And this:

Median net wealth is the lowest in the bloc’s paymaster, Germany (51,400 euros), less than a third of that in Italy (173,500 euros) or Spain (182,700 euros), due to the relatively low level of home ownership in Germany.

As I’ve said many times in the past, much about the future will depend on whether wealth taxation turns out to be politically feasible to a greater degree than at present.


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