Brussels, 24/04/2013 (Agence Europe) - On Monday 22 April, the Irish Presidency of the EU Council of Ministers and representatives of the European Parliament approved new rules to boost protection for consumers taking out a mortgage from 2015 onwards for a house, land or commercial property.
“We have seen in Ireland how practices in relation to mortgage credit have contributed to the crisis in the financial system. The new rules agreed today will give consumers much better information...