There are numerous credit providers in Europe that would beg to differ.
By December 2025, consumer credit in the Euro area alone stood at an estimated €812 billion.
There are numerous credit providers in Europe that would beg to differ.
By December 2025, consumer credit in the Euro area alone stood at an estimated €812 billion.
Are you talking about the same thing?
Sure, in Europe people will subscribe to a credit to buy a car or materials to improve their home.
But buying your groceries or lunch with a credit card is quite a rare exception.