The credit crisis has affected different European mortgage markets in differing ways. This Special Report argues that those differences can be largely traced to the degree of countries’ dependence on securitisations as a source of funding before the crisis.
Economic Report Dutch version
In November 2010 government leaders endorsed the more stringent bank capital and liquidity requirements,as proposed by the Basel committee. Although the new requirements are to be phased in gradually and will be less tough than initially proposed, the impact of the Basel III accord will nonetheless be considerable.