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Finance & Markets

ECB rate hike could push loan payments higher next spring

The European Central Bank's latest rate hike is already reflected in the six‑month Euribor that shapes most Estonians' loan payments, meaning borrowers are unlikely to see higher monthly costs this year — but a spring increase could still push payments up.

ECB rate hike could push loan payments higher next spring

We haven't written up this one. ERR News Estonia has the full story — the link below goes straight to it.

Read the original at news.err.ee →

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Under Trump’s shadow, Brics takes step towards de-dollarisation

Brics countries agreed on Saturday to expand trade and payments in local currencies, making another step towards de-dollarisation as the bloc seeks to counter an assertive United States. Facing pressure from Washington, the member nations found enough common ground to overcome some of their biggest diplomatic splits.

More from Saturday 12 September →