A dramatic year for European consumers: financial wellbeing continues to decline in the wake of Covid-19
1 in 3 Europeans (35 per cent) have lost income as a direct result of Covid-19, and almost half (47 per cent) say they are more concerned about their financial situation than they have been at any other point in their life. The European Consumer Payment Report 2020 paints a gloomy picture of financial wellbeing in Europe - but also highlights growing consumer interest in financial education.Intrum’s annual European Consumer Payment Report, which asks 24,000 European consumers for their perspectives on their financial wellbeing, consumption preferences and payment behavior, suggests that