More formal plans as used for business and military purposes, while initially created with and as an abstract thought, are likely to be written down, drawn up or otherwise stored in a form that is accessible to multiple people across time and space. This allows more reliable collaboration in the execution of the plan.
Key ECB interest rates. The Governing Council of the ECB sets the key interest rates for the euro area: The interest rate on the main refinancing operations (MRO), which provide the bulk of liquidity to the banking system.
The rates of most Spanish mortgages are based on the Euribor. Euribor stands for Euro Interbank Offered Rate. It is the interest rate that European banks use to lend each other money. The mortgage in Spain is composed of the Euribor rate plus an additional percentage of X%, where X varies between 0.75% and 2%. Euribor + 1% is often encountered. The Euribor rate varies from 1 week to 12 months.