interest rates Archives

Turkey's central bank surprised the market after unexpectedly raising interest rates

21/03/2024 - 14:56

Turkey's central bank unexpectedly raised interest rates by 500 basis points to 50 percent, citing a worsening outlook for inflation and vowing to tighten further if a significant and sustained deterioration in inflation is forecast, Reuters reports. The big surprise came 10 days before local elections at the national level and analysts see it as a signal that the central...

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Flexible interest rates have made home loan installments more expensive

15/08/2023 - 12:45

All housing loan agreements are linked to a fixed interest rate in the first years of repayment, after which a variable interest rate is applied that is calculated by adding a certain percentage to the current EURIBOR. What is now troubling all those who are repaying installments of housing loans is that there is a significant increase in EURIBOR, …

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Low interest rates bring credit millionaires back into vogue in Bulgaria

10/08/2023 - 15:47

The low interest rates, which the banks in Bulgaria continue to maintain, bring back the fashion of credit millionaires. According to BNB data, at the end of June there were already 170 Bulgarians who took a loan of over 1 million BGN, and their number increased by 49,1 percent in one year, "24Chasa.bg" reported. The total amount they withdrew…

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The ECB will continue to raise interest rates in July

27/06/2023 - 12:14

The European Central Bank (ECB) will continue to raise interest rates in July to fight inflation in the eurozone, its president Christine Lagarde said during a central banking forum in Sintra, Portugal. – Our work is not finished. Unless we see a significant change in the outlook, we will continue to raise interest rates...

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The ECB raised interest rates again

15/06/2023 - 17:29

The European Central Bank (ECB) raised key interest rates again by a quarter of a percentage point, despite a weak economy, predicting a high rate of core inflation that excludes food and energy. From June 21, the interest rate for bank refinancing will be four percent, and the interest rate for overnight deposits in banks will be 3,5 percent. For the overnight...

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Turkey's central bank surprised the market after unexpectedly raising interest rates

Flexible interest rates have made home loan installments more expensive

Low interest rates bring credit millionaires back into vogue in Bulgaria

The ECB will continue to raise interest rates in July

The ECB raised interest rates again

The latest

Most read

Turkey's central bank surprised the market after unexpectedly raising interest rates

Flexible interest rates have made home loan installments more expensive

Low interest rates bring credit millionaires back into vogue in Bulgaria

The ECB will continue to raise interest rates in July

The ECB raised interest rates again

The latest

Most read

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