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Europe Daily Bulletin No. 9567

18 December 2007
Contents Publication in full By article 18 / 48
GENERAL NEWS / (eu) eu/financial services
US property sector shakes up European goal of increased integration of mortgages market

Brussels, 17/12/2007 (Agence Europe) - Since the Commission's presentation of its Green Paper in July 2005 on mortgage lending (EUROPE 8994), the crisis on the US sub-primes market has made the matter worse. In a Commission White Paper adopted on Tuesday (EUROPE 9559) the latter affirms that “the irresponsible granting of loans and the irresponsible sale of unsuitable products by mortgage lenders or unscrupulous intermediaries, as illustrated in the current sub-primes crisis, are damaging...

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A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION
WEEKLY SUPPLEMENT