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Germany's savers open their wallets a little

Retail sales is rising, thanks to lowest jobless rate since reunification and oil price drop

Published Sun, Apr 5, 2015 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    Berlin

    GERMANY'S record low unemployment is persuading Europe's nation of savers to open their wallets and live a little.

    Take Olaf Heintze, who splashed some of his engineer's salary on a bottle of Scotch whisky he tried at a recent tasting. At 65 euros (S$96), it wasn't exactly cheap. Still, he felt he'd earned it.

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