Mortgage crisis: What are Europeans cutting back on to make ends meet?

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Mortgage crisis: What are Europeans cutting back on to make ends meet?  Amid cost-of-living troubles, the 2025 festivities are likely to be subdued for many who have had to give up on amenities and, in some cases, opt for low-key Christmas plans.  READ MORE : http://www.euronews.com/2025/12/15/mortgage-crisis-what-are-europeans-cutting-back-on-to-make-ends-meet  Subscribe to our channel. Euronews is available on Dailymotion in 12 languages

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00:00Most Europeans are cutting back to pay their mortgage. How is that impacting their Christmas plans?

00:09If you're not exactly dying to host a Christmas party this year, you're not the only one. A new

00:15survey of more than 20,000 Europeans found that more than one in four aren't comfortable inviting

00:21anyone round over the festive season. The Finnish are the most reluctant at a sizable rate of 40%

00:27and at least one in three Romanians and Hungarians would enjoy Christmas behind closed doors.

00:34At the same time, Austrians, French and Croatians emerged as the most welcoming hosts. High housing

00:41costs are the likely culprit weighing down on the desire to throw parties as 75% had to cut spending

00:48to meet mortgage payments over the past 12 months. Date nights, clubbing and festivals are the first

00:55things to go to make ends meet. The rate rises to 58% in Greece, while cutting back on night outs is a

01:03known starter for most Lithuanians. Europeans are foregoing food treats and alcohol at the second

01:10highest rate, with a peak of 61% giving them up in Malta. Holidays place third, with more than half of

01:19Polish and Irish citizens planning to stay home. Strikingly, 13% side cutting back on everyday items, including basic toiletries.

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