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Home » Spanish Property Forums » Spanish Real Estate Chatter » Eurozone rates increase to 4.25%

Eurozone rates increase to 4.25%

This topic has 1 reply, 2 voices, and was last updated 16 years, 10 months ago by Anonymous.

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- July 3, 2008 at 1:50 pm #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.
- July 3, 2008 at 3:23 pm #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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