Tracker mortgage holders are the real winners here
GET used to it. Eurozone interest rates are low, very low, and are going to stay that way for a good while yet.
President of the European Central Bank Mario Draghi has attempted to calm fears about a faltering recovery in the 18-country eurozone by committing to two-and-a-half years of official interest rates at the current record low.
A year after the euro area exited its longest recession, the Frankfurt-based ECB is still battling too-low inflation and attempting to reboot demand.