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Not every country in the EU (27 countries) is also in the Euro area (19 countries) - some still have their own currency. Interest rates for commercial banks are
by Animatronio 4y ago
Not every country in the EU (27 countries) is also in the Euro area (19 countries) - some still have their own currency.
Interest rates for commercial banks are probably a little under the national banks' rate, which in turn is dependent on the inflation.