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Biggest EURIBOR Hike in 18 Years: How Will It Affect Citizens' Debt?

It is becoming increasingly certain that conflicts in the Middle East have serious consequences for the global economy. Besides the rise in oil and gas prices, there is also a sharp increase in EURIBOR – a key parameter that directly affects the amount of monthly loan installments. In just one day, EURIBOR recorded the largest increase in the last 18 years, further unsettling financial markets.

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