EU 'must do more' to facilitate mortgages from abroad

The EU commissioner for financial stability, financial services, and the Capital Markets Union, Mairead McGuiness said apart from the obvious funding streams for infrastructure, science and research, the EU is investing more in people and ideas, and can also provide support in policy form and by providing access to the single European market Picture: Dan Linehan

The EU must do more to allow consumers to get loans or mortgages from other countries, the bloc’s Financial Services Commissioner has said.

Millions have benefitted from the single market, including air travel rights, freedom of movement, and roaming charges, Mairead McGuinness said in Cork.