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Tag: expensive borrowing for EU countries if interest rates rise

The ECB (European Central Bank) will raise key interest rates in the euro area by 0.25% from July

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Amsterdam, Netherlands At its meeting on June 9, 2022 in Amsterdam, the European Central Bank (ECB) decided to increase its bond purchases from banks by 0.25 percentage points from July. It is the first increase since 2011, which was necessary because of the global financial...
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