In a thematic note published on Monday, 10 October, the European Banking Authority (EBA) warned that the current economic situation in the European Union, marked by a rise in interest rates and a risk of recession caused by the Russian invasion of Ukraine, is having a negative impact on the real estate sector, which is emerging from a decade of overheating.
European banks hold €4.1 trillion of outstanding mortgage loans, that being one third of all loans granted to households and...