Depends, if their banks have to follow the central euro bank rates or not, since they have their currency they might not have to, I don't know the specifics on

Depends, if their banks have to follow the central euro bank rates or not, since they have their currency they might not have to, I don't know the specifics on how that works. Anyway, Central bank has interest at negatives, people are buying houses in EU with very little interest.