House loan of 150 thousand euros increases by 50% in one year | Fees

The rise in Euribor rates is causing a “hole” in the budget of many families that have home loans, after about seven years in which very significant savings in interest costs were possible. In this context, the simulation of a loan of 150 thousand euros, for a period of 30 years, associated with 12-month Euribor, […]

Bundesbank predicts German economy will enter recession in winter | Energy

The Bundesbank predicts a recession in the German economy in the winter due to the shortage of energy supply caused by Russia’s war against Ukraine. In the September bulletin, published this Monday, economists at the Bundesbank see growing signs that the German economy will enter recession, which they consider to be “a sharp, large and […]

Inflation revised down: 8.9% | prices

The inflation rate dropped to 8.9% in August, below the 9% initially estimated by the National Statistics Institute (INE) and the value recorded in July, when the year-on-year change in prices reached 9.1%. Data released this Monday by the INE show that “the year-on-year change in the Consumer Price Index (CPI) was 8.9% in August […]

Galp’s profits rise 153% to 420 million | Companies

Oil company Galp recorded a profit of 420 million euros in the first half of the year, an improvement of 153% compared to the first six months of last year, when it had a result of 166 million, the company announced this Monday. In a statement sent to the Securities Market Commission (CMVM), Galp indicates […]

Euribor rates rise again to 10-year highs | Housing

The effect of the more expressive than expected rise in the European Central Bank (ECB) key rates was not yet fully discounted in the interbank market, where Euribor rates are set daily. Thus, despite the rises in recent days, the rates that serve as the basis for housing loans rose again, reaching maximums of eight […]

Elon Musk had twins last year with the director of one of his companies | Family

Tesla and SpaceX founder Elon Musk fathered twins with Shivon Zilis, director of operations and special projects at the artificial intelligence company Neuralink, of which Musk is co-CEO, in November 2021, advanced the Business Insider this wednesday. The billionaire has nine children, the result of three relationships. Musk and Zilis had filed a petition on […]