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Hi Geezer. Right now in Portugal the interest rates on micro-generation projects is about 6.5% due to some bonus by the state. Regular borrowing costs are around 8%.

luis_de_sousa@mastodon.social
by Luis de Sousa (luis[dot]de[dot]sousa[at]protonmail[dot]ch) on Wed Jan 25th, 2012 at 12:03:03 PM EST
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Wow! 8% when there is a dearth of creditworthy projects. Sorta like a spear in the side when you are already being crucified. Must make the IMF proud.

"It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Wed Jan 25th, 2012 at 11:57:48 PM EST
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