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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
The Eurozone is growing at its fastest pace in the last 12 months despite pressures related to Iran
Eurozone GDP expanded by 0.4% in the second quarter of 2026, beating forecasts of 0.2%, with Germany, France, Italy and Spain all recording growth
OECD lowers Eurozone growth forecast due to the war in the Middle East
The inflation forecast for the eurozone has been raised to 2.6%
Pierrakakis at the Eurogroup: We are open to discussing measures – Priority is protecting households and the stability of the European economy
The president of the Eurogroup stresses that Europe is closely monitoring developments in the Middle East and is considering tools to support households and businesses if the energy crisis worsens - “We have the 2022 toolbox”
Lagarde: International uncertainty is a key risk factor for the Eurozone
Uncertainty around global trade strategies remains a significant risk for economic activity