Brussels, September 5 - A crisis of subprime mortgages that led to the destabilization of financial markets and as a 'place in the United States' less likely to happen in the European Union. E 'as it has assured the EU Commissioner for the Internal Market, Charlie McCreevy, speaking at the European Parliament in Strasbourg. 'The European market for mortgages has different characteristics than the U.S.,' said McCreevy, 'and then' less likely in the near future in Europe will generate similar problems of scale '.
The European market for subprime mortgages, the EU commissioner pointed out, 'and' very limited compared to that of the United States and we have safeguards in force as the rules for the loans and limits on the value '. (AGI)
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