Six and 12-month Euribor rates hit maximum values after the European Central Bank's decision to raise interest rates. This movement reflects the direct impact of the restrictive monetary policies adopted by the ECB on the eurozone economy.
The Euribor is calculated as the average of the rates at which a group of 21 banks in the eurozone is willing to lend money to each other in the interbank market. This indicator serves as a reference for numerous financial products, including mortgages and bank loans.




