Increase of interest rates to Germany — consequences for savings, salaries, real estates

The inflation is higher, the money depreciate more. For one euro consumers are able to afford less and less. In April, according to the first assessment of bureau of Eurostat, consumer prices in eurozone were 7,0% higher than level of the same month 2022. As a result — considerably exceeded a target indicator of European central bank, a providing annual rate of inflation in 2% in medium-term prospect. On May 4 planned meeting European central bank took place following the results of which the decision to raise — here already for the seventh time — a key interest rate on 25 basic points was made...