Brussels, 28/01/2014 (Agence Europe) - European consumers will be better protected and informed when taking out a mortgage, something that will also contribute to greater financial stability. The inter-institutional agreement setting up a European directive on the subject was approved by the Council on Tuesday 28 January.
The new legislation complements the scope of other European laws that did not cover mortgages. This legislation demands, for example, pre-contractual information and...