Latest Statistical Data: Eurozone Inflation at 27-Month Low – ECB President Kazak Discusses Potential Rate Cuts and Economic Outlook

Latest Statistical Data: Eurozone Inflation at 27-Month Low – ECB President Kazak Discusses Potential Rate Cuts and Economic Outlook

In an interview after the publication of the latest statistical data, which shows that inflation in the Eurozone fell to the lowest level in 27 months in October, Kazak stated that a sharp drop in economic activity or an increase in unemployment might be necessary to consider such a decision. “There is no need to … Read more

Lawyer, Artist, and Businessman Abelardo De La Espriella Unveils Latest Thriller ‘Murderous Souls’ at International Book Fair in Madrid

Lawyer, Artist, and Businessman Abelardo De La Espriella Unveils Latest Thriller ‘Murderous Souls’ at International Book Fair in Madrid

At the beginning of October, the launch of the fifth book by the lawyer, artist and businessman was made official, Abelardo De La Espriella, at an event held within the framework of the International Book Fair, Liber, in Madrid, Spain. This copy called “Murderous Souls” joins works that became best sellers of the lawyer as … Read more

Risks and Warnings Surrounding René Benko’s Globus Investment: A Concern for Cantonal Banks

Risks and Warnings Surrounding René Benko’s Globus Investment: A Concern for Cantonal Banks

Several cantonal banks are at risk with René Benko’s Globus investment. They have increasingly come into focus since there has been speculation about the survival of Benko’s Signa group of companies. Even the European Central Bank has long since warned the financial industry of risks from the Benko environment. Signa invests in well-known retail brands … Read more

Freedom of Choice: Austria Emphasizes the Importance of Payment Options

Freedom of Choice: Austria Emphasizes the Importance of Payment Options

October 31, 2023, 986 characters Vienna (OTS) – “Whether electronically, card or cash – people in Austria decide how they pay,” says Franz Rudorfer, managing director of the federal banking and insurance division in the Austrian Economic Chamber (WKÖ). With this, the Austrian banks are once again emphasizing the importance of freedom of choice when … Read more

Smallest Increase in Euribor in Over a Year, but Variable Interest Mortgage Payments Still Rising

Smallest Increase in Euribor in Over a Year, but Variable Interest Mortgage Payments Still Rising

He euribor registered the smallest increase in more than a year in October, standing at around 4.16%, but Variable interest mortgage payments will continue to rise, although with less intensity than in previous months. In this way, the main reference for loans with variable interest intended to purchase housing chains two consecutive months of increases. … Read more

Addiconsum warns savers on Eurovita redemptions: Important information and advice – Read more here

Addiconsum warns savers on Eurovita redemptions: Important information and advice – Read more here

Addiconsum warns savers on the issue of redemptions of Eurovita (read the related news here) which can be requested starting from November 1st. The consumer association, in a note, states that “in the meantime a new company has been established, called Cronos Vita, currently owned by Generali Italia, Intesa Sanpaolo Vita, Poste Vita, Unipol SAI … Read more

The Structure, Development, and Regional Economic Importance of Lower Austrian Banks in 2022

The Structure, Development, and Regional Economic Importance of Lower Austrian Banks in 2022

Structure and development The density of bank branches in Lower Austria will be the highest in Austria in 2022 with 63 main branches and 718 branch branches. The Raiffeisen sector is particularly dominant: almost every second bank branch can be assigned to this sector (46.61%). In addition, savings banks (23.18%), stock banks (17.16%) and Volksbanks … Read more

Understanding Mortgage Protection with Life Insurance

Understanding Mortgage Protection with Life Insurance

With the persistent rise of the Euribor, the mortgages They have become more expensive in the last 20 months. In this sense, the index review to which 3.7 million loans in Spain are linked translates into a increase in fees. In relation to the update this August, mortgage holders will pay on average 227 euros … Read more