Economy
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- Category: Economy
To understand the present we have to understand the past. By understanding the present we are able to get better ideas of the future.
- Details
- Category: Economy
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Many mortgages in Spain are linked to the EURIBOR rate. It is a quite common misunderstanding that the EURIBOR is decided by the European Central Bank (ECB), but that is not the case. It is therefore vital for people with mortgages to understand what EURIBOR is to have a better idea of what can make the interest rate of mortgages to change.
