As we approach at the end of year and new information is known, know new predictions for 2009 for the Euribor and for the interest rate. We already had the opportunity to explain to you what is this indicator and how it is calculated. We even speak on the forecasts for the Euribor for 2009 as the Instituo of Official Credit (ICO) that was placing his fall up to 1,9 %.
Nevertheless, all the Financial institutions that have communicated their own studies have placed it even for below, concerning 1,5 %. This way the BBVA did it in his moment.
Yesterday for his part, the Santander predicted that the BCE would lower the interest rates throughout 2009 up to 1,5 % since they think that the economic situation is worse than the waited for tenor of the last information, and do not foresee the first recovery symptoms but till the end of 2009.
The indicators of the industrial production and of the exports for the latter trimester of the year will not be pleasing at all. Also, the principal countries of the world bring falls of the activity while the expense in the families stands out, increasing the saving valuation. This way, Santander thinks that there will be a fall of the GDP of the euroarea in this fourth trimester in 0,6 %, and thinks that it might be much accused also at least in the first trimester of 2009.
As for the inflation they think that it will be about 1 % although the average inflation might come up to 0 % if the oil price stays so low, concerning 40 dollars.
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We want to put the economic and financial actuality within reach of your hand, with a simple and direct language, so that we all could comprise it. The real estate market, the Stock Exchange, the different options to invest, you count and bank deposits... So that you know what to do with your money.
- Spain is the country with more deflation risk
- The slowness in maxima for 12 years
- Housing, it continues the collapse
- Movements to receive deposits
- The Euribor keeps on beating descent records
- Week of breather and increases in Stock Exchange
- SICAV, an alternative of investment
- The unknown side of the mortgages in Spain
- Loans 2.0, credit between individuals
- Price war in the feeding
- It continues the fall of the interest rates and the Stock Exchange
- Measurements of the government against the unemployment, without consensus
- The bank crisis in Stock Exchange
- The unemployment in Spain and the bad economic management
- The economic crisis generates opportunities
- The labor calendar of 2009
- TAE, meaning and calculation
- Interprofessional minimum wage 2009 and minimal pensions
- The IPC of the rents: calculation and update
- Forecasts of the Euribor for 2009
- The best deposits of January, 2009
- The Euribor: calculation and meaning
- Evolution of the interest rates and his consequences
- Where to put the money in epochs of crisis
- Pension plans 2008 of the Santander