Archive for the 'loan' Category

Greece will receive second instalment of rescue loan

The European Union has today announced that Greece has met the conditions of its loan and will therefore receive the second instalment of its bailout loan on 13 September. In May, the EU and the IMF agreed to loan €110 billion. The three-year rescue deal comprises €80 billion from the EU, with the rest coming [...]

Iceland’s central bank cuts interest rates to 7%

Iceland’s Central Bank (Sedlabanki Islands) has slashed its key interest from 8% to 7%. While a cut was expected, it was not as much as economists had forecast after inflation eased and the country’s currency, the krona, strengthened. The central bank has aggressively cut interest rates after they hit a record high of 18% in [...]

Iceland’s central bank cuts interest rates to 7%

Iceland’s Central Bank (Sedlabanki Islands) has slashed its key interest from 8% to 7%. While a cut was expected, it was not as much as economists had forecast after inflation eased and the country’s currency, the krona, strengthened. The central bank has aggressively cut interest rates after they hit a record high of 18% in [...]

Greece makes ‘considerable progress’

International Monetary Fund (IMF) and European Union (EU) auditors have today said Greece has made “considerable progress” in dealing with its public deficit. For many months now, Greece has been making big cuts to public spending. However, this has met with strong opposition from unions. Greece’s two main unions have launched several strikes this year [...]

Nationwide introduces low personal loan rates

Those wishing to consolidate their dates after the expensive Christmas period may be interested to learn about the Nationwide’s new loan deals, which were launched earlier this week.
Nationwide has introduced a new personal loan rate of 7.6% APR typical for loans of between £7,500 and £14,999 for up to five years for its main FlexAccount [...]

Nationwide introduces low personal loan rates

Those wishing to consolidate their dates after the expensive Christmas period may be interested to learn about the Nationwide’s new loan deals, which were launched earlier this week.
Nationwide has introduced a new personal loan rate of 7.6% APR typical for loans of between £7,500 and £14,999 for up to five years for its main FlexAccount [...]