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Housing market threatens to hit eurozone growth
submitted by EUnews
House prices will rice by just 4.3 per cent this year because of higher European Central Bank interest rates - which have risen from 2 per cent at the end of 2005 to 4 per cent. A decline in residential house building could hit economies such as Spain's, which have boomed on the back of strong construction activity.
 
Topic: Business and Economics


Sasuke
entereu
EUnews


Pages: 1


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