The 2010 RICS European Housing Review shows the UK was among only five countries that saw house prices rising in 2009.
The Association for Financial Markets in Europe (AFME) has been formed following the merger of leading financial trade associations.
The latest version of Hypostat, the European Mortgage Federation’s annual statistical handbook on mortgage markets, has been published and the 2008 statistics reveal an acceleration of trends witnessed in 2007.
The European Mortgage Federation has set out a series of recommendations, which are designed to contribute proactively to the European Commission’s initiatives to restore long-term sustainable mortgage financing in the EU.
The European Central Bank has kept the European base rate at 2%.
The European Central Bank has lowered its benchmark interest rate by 0.5% to 2% and the ECB hinted that the rate would fall further. The rate has now more than halved in the past three months.
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