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Image header Agence Europe
Europe Daily Bulletin No. 9008
Contents Publication in full By article 12 / 14
GENERAL NEWS / (eu) eu/financial services

Benefits of European integration in mortgage and loans sector will be far higher than costs

Brussels, 18/08/2005 (Agence Europe) - As we announced in EUROPE 9006, the Commission published, at the beginning of August, an external study by London Economics consultancy on costs and benefits of European integration in the mortgage loans market. Between 2005-15, benefits will be to the tune of EUR 94.6 bn while costs are expected to approach an annual amount of EUR 2.5 bn. The study illustrates the current situation and mortgage loan market trends and identifies obstacles to their...