Flicking through the hundreds of pages of the European Commission's proposals on Europe-wide mortgages, it is clear that the green paper has worthy ambitions.
Championed by Charlie McCreevy, Internal Market and Services Commissioner, the plans envisage a time when buying a home loan from, say, a German bank would be as easy as approaching an Irish mortgage lender.
We are in a single currency where interest rates are set in Frankfurt, but the benefits of...
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