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Slovak Households Fairly Optimistic About Future Finances

Bratislava, May 25 (TASR) - Around 37 percent of Slovak households assessed their current financial situation as worse than it was last year, according to a survey that was carried out by the GfK agency for MasterCard and published on Tuesday.

In general, more optimistic expectations prevail, however, as 72 percent of households think that their financial situation will be the same or better in the near future.

Most of the households contacted said that they felt a rise in consumer prices, but at the same time don't intend to save radically on big shopping trips. According to the survey, 73 percent view their financial situation as the same as it was a year ago.

People aged between 18-29 with a monthly income of €1,000-2,000 are the most optimistic. When it comes to gender, men tend to expect a better financial situation than women.

Around 69 percent of households managed to put money into savings, and the proportion of those who claim that they won't be able to save in the future is about the same as those who claim they will be able to do so. Almost 10 percent of households stated that they won't have enough money to live on and will have to dip into their savings or take out a loan.

The survey was carried out in March 2010 on a representative sample of bank clients aged 18-69.

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