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13
Sep 2026
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European Central Bank readies new interest rate rise, and what it means for mortgages and business loans

Germany's Joachim Nagel says a further quarter-point increase is effectively certain as eurozone inflation holds near 3%, with the rise set to filter through to Euribor and then variable mortgages and business loans within weeks

Budget: Primary surplus of €5.77 billion in the first seven months of the year

Tax revenues were €990 million above target, while public spending increased by €1.046 billion due to the acceleration of investment and Recovery Fund projects

Budget camping holidays surge in popularity, with Chalkidiki occupancy hitting 95%

Greek campsite operators report booming demand into September nationwide, with Greeks now up to 40% of guests amid rising hotel costs, while occupancy across Greece's 293 organised sites has climbed about 10% overall this year

Budget: Primary surplus at €5.725 billion in the January–July 2026 period

Tax revenues stood at €42.9 billion, €1.55 billion above target - How revenues and expenditure performed and how they compare with projections

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