Euro rates will rise again
Articol de Florin Lepădatu, 31 Octombrie 2022, 02:57
RADIO ROMANIA NEWS - Euro rates will rise again, after the European Central Bank suddenly increased the reference interest rate by 0.75%.
It is a substantial increase motivated by efforts to moderate inflation, which has reached record values in the Eurozone, especially as a result of the economic consequences of the war in Ukraine.
The key rate is now 2%, after three successive increases and after being below 0 at the beginning of the year.
Economic analysts say that those who have loans in euros with variable interest must expect a further increase of tens of euros in rates.
Translated by: Radu Matei
