Eurozone rates increase to 4.25%

This topic contains 1 reply, has 2 voices, and was last updated by  Anonymous 9 years, 2 months ago.

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  • #54139

    mike
    Participant

    http://news.bbc.co.uk/1/hi/business/7486264.stm

    Ouch! That is going to hurt some people, especially those earning in sterling and repaying a mortgage in euros.

  • #85010

    Anonymous
    Participant

    I wonder if we will see another rise this year. Until recently it looked like a certainty, but the ECB seems a little more concerned about the downturn in European economies now. It doesn’t effect me yet, but I have plenty of friends who are really feeling the pain, this will just make it worse 🙁

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