EU seeks to avoid housing bubbles with mortgage law deal
European Union negotiators are expected to finalize the bloc’s first common rules on mortgage lending on Monday, in an attempt to avoid a repeat of property bubbles that helped fuel the euro zone’s debt …
Greece may get bailout cash advance to pay bills: reports
ATHENS (Reuters) – Greece might receive 3.2 billion euros of earmarked rescue aid earlier than planned to cover part of its financing needs, two Greek newspapers reported on Saturday. Greece received a clean bill of health from its international creditors earlier this month, securing a disbursement of at least 2.8 billion euros (.66 billion) in aid. The installment is expected to be approved later this month and Greece is scheduled to receive another 6 billion euro in EU/IMF funds in May. But Kathimerini and Ta Nea newspapers said that alongside that money Athens might also get a further 3. …
Serbia and Kosovo Strike Historic Deal on Ties
Serbia and its former province of Kosovo struck an historic accord on Friday to settle relations, potentially setting Belgrade on the path to membership of the European Union in a major milestone in the region’s recovery from the collapse of Yugoslavia.