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Europe Daily Bulletin No. 8994

20 July 2005
Contents Publication in full By article 12 / 41
GENERAL NEWS / (eu) eu/financial services
Commission consults on timeliness of European mortgage credit initiative

Brussels, 19/07/2005 (Agence Europe) - Presenting the Commission's Green Paper on mortgage credit on Tuesday, Charlie McCreevy said greater activity and cross-border competition on the mortgage market in the EU could expand choice and reduce costs. Many citizens prefer to deal with local or national financial establishments for linguistic reasons and reasons relating to their knowledge of local or national tax and legal systems, the European Commissioner for the internal market acknowledged....

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A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS