Archive for February, 2009
Euribor still declining
Comforting news for those who have a mortgage.
The rate at one month Euribor continues to fall and the FBE said that increased from 4.79% to 4.76. The rate for one week but it fell from 3.86% to 3.84%.
This should soon fell influence rate mortgages, making breathing slightly poor Italians with water in my throat.
But in [...]
Credit Crunch in Tuscany
Tuscany is happening close of the credit.
The increase in interest rates and most importantly, the timing of financial confidence has led banks to reassess the criteria scrupulous with each client that requires funding.
According to some surveys, the restriction of funding would be more than 5% compared to 2007.
“The close bank – says Mario Breglia, president [...]
The Obama emergency plan
Today Obama is the new president of the United States of America.
Last month he made an important speech on the economic situation of the country.
The main points:
“A tax credit for businesses that create jobs in the next two years, eliminating the tax on capital gains for small businesses, the moratorium for three months for those [...]
