Eurozone

What is Euribor? In short and simple terms

Did you know that Euribor is the main indicator for most variable home loans in Portugal? Or is it also used to calculate interest on other financial products such as personal loans or bank deposits? We'll explain what it is, how it's calculated and how it affects citizens in a minute. Euribor is the interest rate paid by banks in the eurozone for lending money. Even easier: it's the price at which banks...