
The cycle of rapid growth of the Euribor rate is now over, and now Euribor demonstrates a steady trend to reduce, which brings relief to borrowers. But this year the tax burden on individuals is higher, than last year, so households have less money to cover the day-to-day expenses. The head of Housing Coop Pank Karin Osipova explained what to do if the changed circumstances cause the payments of the housing loan become unaffordable.