2017/05/06
Negative Euribor and bank loans: Opinion article of Researcher Catarina Monteiro Pires in Expresso newspaper

Catarina Monteiro Pires, Researcher of CIDP and Professor of University of Lisbon School of Law, writes an article in Expresso newspaper on negative Euribor rates effects on bank loans. "For consumer associations, the bank should always discount the negative value of the index (reducing the spread) and may even have to pay interest to the client". “The answer must be found in the legal field”, she says.