Search results

Interest rates are at 1.75% while the inflation for November was 7.8%. Obviously the "real" inflation is much higher. Speaking of mortgages, in Poland it is the interest rate + bank's margin. I checked now and the margin is around 2% for most banks (so 3.75% in total). The interest rates have...

What are the interest rates in Romania currently? Is the inflation raising rapidly?

In Poland their decisions are independent but they are all being nominated by the government. So in theory, once they are elected they could whatever they want but if they do and it's not in line with what the gov wants, then they won't be reelected by this gov.