The Rise of Euribor: What It Means for Homeowners, Borrowers, and the Economy
In recent months, many borrowers in the Eurozone have experienced rising costs due to an increase in the Euribor (Euro Interbank Offered Rate). This benchmark interest rate, which determines the cost of borrowing between European banks, has a significant impact on various financial products, especially variable-rate loans and mortgages. With the recent upward trend in…