MEPs struggle to agree as European mortgage directive delayed for fifth time - Mortgage Strategy


Mortgage Strategy
MEPs struggle to agree as European mortgage directive delayed for fifth time
Mortgage Strategy
A key stage of the European mortgage directive has been delayed for a fifth time meaning the vote is now set to take place six months later than first planned. The powerful Economic and Monetary Affairs committee - ECON - was forced to cancel its vote ...

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ABN Amro expects bad-loan provisions to rise - gulfnews.com

ABN Amro expects bad-loan provisions to rise
gulfnews.com
Dutch mortgage debt is among the highest in the world, amounting to 107.1 per cent of gross domestic product in 2010, data compiled by the European Mortgage Federation show. That compares with an average of 52.4 per cent in the 27-nation European Union ...

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Slump worsens in ailing Greek property market - Reuters

Slump worsens in ailing Greek property market
Reuters
The country has one of the highest home ownership rates in western Europe - 80.1 percent versus 70.4 percent in the European Union as a whole - according to European Mortgage Federation data. A steady uptrend in residential property prices, ...

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Slump Worsens in Ailing Greek Property Market - Greek Reporter


Greek Reporter
Slump Worsens in Ailing Greek Property Market
Greek Reporter
The country has one of the highest home ownership rates in western Europe – 80.1% versus 70.4% in the European Union as a whole – according to European Mortgage Federation data. A steady uptrend in residential property prices, fueled by cheap credit ...

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Madness in Spain Lingers as Ireland Chase Recovery - BusinessWeek

Madness in Spain Lingers as Ireland Chase Recovery
BusinessWeek
The state purged lenders of 74 billion euros ($98 billion) of mostly toxic commercial mortgages by creating a bad bank, and poured enough cash into the financial system to make it among the best capitalized in Europe.

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Global financial crisis puts present turmoil in the shade - The Australian

Global financial crisis puts present turmoil in the shade
The Australian
ANZ Bank chief executive Mike Smith observed on Friday that European wholesale funding markets had frozen, but markets in the US and Asia were still working. Westpac found investors last week for a $1.15 billion residential mortgage-backed security ...

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Italy Tax Collectors Brave Front Line of Austerity Backlash - San Francisco Chronicle

Italy Tax Collectors Brave Front Line of Austerity Backlash
San Francisco Chronicle
For more on Europe's debt crisis, see EXT4.) May 17 (Bloomberg) -- For 10 years, Daniela Ballico has been knocking on Romans' doors seeking back taxes. Now with Italy's tax-collectors on the front line of an anti-austerity backlash, she no longer has ...

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