Debt structure and rising interest rates: focus on European companies

Eco Notepad, post no. 350. The rise in interest rates in the euro area is increasing the cost of the stock of corporate debt, but at different rates across countries. This blog post examines corporate debt structures in euro area countries between 2021 and 2023, and confirms that average costs rise less quickly in euro area countries where debt is contracted at a fixed rate and a long maturity, as is the case in France.