MEPs reached an agreement with national governments and the European Commission on Tuesday (30 May) to revive the continent’s securitisation market, paving the way towards the creation of a Capital Markets Union
Commercial property investors are writing clauses into contracts giving buyers the right to walk away from real estate deals if Britain votes to leave the European Union this month, as a way to unfreeze a sector stalled by uncertainty over Brexit.
EU countries reached a deal with the European Parliament on Monday (22 April) on the bloc's first common rules on mortgage lending, in an attempt to avoid a repeat of property bubbles that helped fuel the euro zone's debt crisis.
While a survey of the property market reveals global investors' growing appetite for repossessed property, it also shows that Europe's poorest countries are worst off as they face rising repossessions while investment falls away.
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