hossam hilali of sada and university news agency.nterest rates in europe to the highest rate reached since the introduction of the euro in the last 24 years. according to the report of the afp, the president of the european central bank, referring to the growth of inflation in the euro area , said that the interest rate increase was done with the aim of controlling inflation , however, christine lagarde increased this version again in a day and a month. he did not deny the future . last year, the european central bank increased the interest rate by 10 times to 14%.