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
Bloomberg: Greece is considering even greater early repayment of bailout loans
The Greek state has already scheduled for next month an early loan repayment of €6.9 billion
Analysis: The end of illusions about Ukraine – The €90 billion EU loan means the war with Russia…is only now beginning
Europe is preparing for a long, costly, and deeply dangerous front, and is planning to strengthen Kyiv until 2029, as a diplomatic settlement of the war does not appear likely