Indebtness has never been more favorable - Move of EBC as a chance for Serbia to refund its foreign currency public debt

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Commenting on the recent decision of the European Central Bank (ECB), at the website of Erste Bank Caric announced these measures favor only those who want to take loans because the debt in Europe has never been more favorable

ECB has lowered the rate for basic refinancing operations at zero percent and the rate at which banks can keep their money in ECB from minus 0.3 to minus 0.4 %, while it increased limits on the purchase of governmental bonds in the euro zone.

As he explained, all companies which have a sustainable business model are now able to indebt further in order to increase their capacity at terms which have never been more favorable.