State Budget 2027: Government forecasts further increases in 3-month Euribor and 10-year interest rates

The government's 2027 State Budget proposal forecasts that the 3-month Euribor rate will rise to 3.4% in 2027 (up from an estimated 2.5% in 2026), and 10-year euro area interest rates will reach 3.8% (up from 3.5% this year). These projections are based on future market expectations as of mid-September, reflecting a continuing restrictive monetary policy by the European Central Bank to control inflation.