ECB rate hike to boost borrowing costs - Azi

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Analysts anticipate ECB"s decision to raise its benchmark rate by a quarter of a percentage point to 4.25% per annum will drive financing costs up, at least by a similar amount, but the time and scope of adjustments will depend on each bank.

"Naturally, we"ll see an interest rate increase soon, given that the euro loan costs are also under the pressure of rising financing margins compared to last year, due to a higher risk premium associated with Romania," considers Ionut Dumitru, research...

Read the whole story in: Ziarul Financiar