German private wealth set to exceed 10 tln euros amid insecurity concerns

FRANKFURT, Jan. 2 (Xinhua) -- The total private financial assets owned by German households in 2025 are estimated to be over 10 trillion euros (11.72 trillion U.S. dollars), a new record high, an economist with a German bank disclosed on Friday.

According to preliminary calculations, Michael Stapple, an economist at DZ bank, estimated that the financial assets of German households will grow by around six percent