Soskic warns: Price increase of euribor-indexed loans is certain

BizLife 18.05.2022  |  N1
Soskic warns: Price increase of euribor-indexed loans is certain

Former NBS Governor Dejan Soskic has said interest rates will increase in the upcoming period, causing the price of euribor-indexed loans to rise. “This depends on a type of loan.

If a loan is contracted with a flexible interest rate based on a benchmark interest rate, (euribor), then the existing loans, which are already being repaid, will have an upward adjustment, i.e. – there will be an increase in price. If it was taken with a fixed interest rate, then this will not happen,” Soskic told N1 TV. He believes that in order to avoid a crisis, Serbia should keep all open trading lines with the largest number of countries in the world. Prices

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