But in reality, when households try to get a loan, they have no choice but to face interest rates
that are higher than the interest on savings.
Farmers like Brivia face interest rates
as high as 120 percent if they resort to borrowing, FAO said, noting that a recovery plan should be speed up address the problem.
Revenue has already warned if people choose to defer paying the tax they will face interest rates
of 4% - for example if your only income is social welfare and you can't afford to pay.
People turning to payday loan firms can face interest rates
of up to 4000 per cent and be hit with hidden charges such as high fees for reminder letters.
Greece's Deputy Finance Minister Philippos Sachinidis told Mega TV that Athens wanted the euro zone to "send the proper message to markets so that the next time Greece goes out to borrow in international markets it will face interest rates
that price the Hellenic Republic in a better way."
The Council of Mortgage Lenders, the trade association for mortgage firms, was reported as saying homeowners could face interest rates
of more than 10pc - an extra pounds 227.61 a month on a typical pounds 80,000 mortgage.
If Britain joins, we face interest rates
which bear no relation to the needs of our economy; centralised regulation which will inevitably add to the cost burden on business and make Britain less competitive; centralised taxation which can only mean higher taxes; and complete loss of control over our own fate.