The Euribor Enters Into Positive Territory
Fernando González Urbaneja | Last week the Euribor started to trade in positive, five thousandths of a point insignificant, but positive. Since February 2016 the Euribor had been negative, down to a minimum of half a point. Several million Spanish mortgages will be more expensive today than yesterday, although less than tomorrow. The European Central Bank opted weeks ago for a progressive and cautious strategy towards the neutrality of its…