Italy will elect a new parliament early next year.
(Photo: imago/Italy Photo Press)
Rome, Paris, Madrid, Brussels, Athens After its council meeting on Thursday, the ECB announced the first rate hike in eleven years. It should be in July. She intends to end her bond purchases at the end of June. Therefore, when Christine Lagarde later appears before the press, the governments of the euro zone will listen carefully.
The imminent end of low interest rates increases concerns about the debt situation in southern Europe. National debt has climbed to new record highs during the corona pandemic. In Greece, Italy, France, Spain and Portugal they are well over 100 percent. What happens if the ECB raises interest rates? In the worst case, is there even a risk of a new euro crisis?
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