Stock markets: Is it worth taking a look at other EU countries?

The current high inflation rates will be countered by the ECB with further interest rate hikes. Above all, the further rise in core inflation will be watched with a wary eye and will bring the "hawks" in the ECB Governing Council, who advocate stronger interest rate hikes, into action.

The turnaround in interest rates in 2022 has left clear traces on the German real estate market. For example, the interest rate for a mortgage loan over 10 years has risen from a good one percent at the end of 2021 to just under four percent. In order for the monthly instalment to be the same at an interest rate of four percent as it would be at an interest rate of 1.5 percent, the loan amount would have to fall by around 20 percent - and with it the purchase price!