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Europe Daily Bulletin No. 9970

5 September 2009
Contents Publication in full By article 11 / 31
GENERAL NEWS / (eu) eu/financial services
Charlie McCreevy wants tougher capital requirements for residential real estate lending

Brussels, 04/09/2009 (Agence Europe) - After saving the financial system from collapse, the time has come to get ordinary people to trust the system again and responsible mortgage lending has an important role to play, explained EU Internal Market Commissioner Charlie McCreevy at a public hearing on Thursday 3 September 2009 to mark the end of a public consultation exercise on potential EU action to promote responsible residential lending (see EUROPE 9921). He explained: “The Commission...

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