ECB decision: Big bank introduces savings bond – and cancels penalty interest | money

After the European Central Bank (ECB) raised interest rates in the euro area from zero to 0.50 percent for the first time in eleven years due to record inflation, the European and thus also the German money market is on the verge of a historic turning point.

The first major bank is already reacting to the decision!

Read with BILDplus which bank it is and what that means for you as a customer.

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Alexandra Hartman Editor-in-Chief

Editor-in-Chief Prize-winning journalist with over 20 years of international news experience. Alexandra leads the editorial team, ensuring every story meets the highest standards of accuracy and journalistic integrity.

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