Since then, however, they have receded slightly on net, an indication that households, in the aggregate, have been keeping an eye on repayment burdens. Because the debt-service ratio and the financial-obligations ratio are calculated from aggregate data, they do not necessarily indicate whether the typical household is experiencing financial stress.
I would tell them that the best way to improve the return on their savings is for the crisis to be solved as quickly as possible. This means that the economic reforms have to be implemented in the stressed countries, but it also means that we have to complete the measures designed to make the euro area as a whole safer.