In recent years, many Spaniards have struggled to afford housing, with rising mortgage rates making buying a property challenging. However, experts predict that 2025 could see a change, as cuts to the Euribor rate may lead to cheaper mortgage offers from banks. This optimism is fueled by growing consumer confidence, a strong economy, and expectations of continued property price increases, potentially sparking a ‘price war’ among banks and offering rates below 2 percent APR.
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EU prepares to investigate Mars-Kellanova deal
European regulators are set to investigate Mars's $35.9 billion acquisition of Kellanova, the maker of Pringles and Pop-Tarts, due to concerns about high market shares without proposed remedies. The deal, crucial in a declining packaged food market, could face delays beyond the August 13 deadline if regulatory reviews prolong the process. Need More Context? 🔎
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