Monday, September 4, 2006

Abnormal property markets need to cool

Cool down before meltdown, ECB President gives warnings on overheated abnormal property markets

Speaking at a press conference, following the decision by the ECB not to raise rates, Trichet called the Irish property market 'abnormal'. He said the area of 'strong property market developments' needs careful watching.

Posted by converted lurker @ 11:33 AM (489 views)
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