Chile: EIB to finance climate action projects in Chile with more than €300 million including its first green mortgage loan outside Europe

This article is brought to you in association with the European Commission.

This article is brought to you in association with the European Commission. €200 million loan to Banco del Estado de Chile to finance mortgages for new housing units with improved energy efficiency standards under Ecovivienda Program. Team Europe Renewable Hydrogen Funding Platform for Chile to support Chile’s renewable hydrogen industry with more than €100 million and […]

EU legislation protecting home buyers approved in Parliament

It was high time that the European Union authorities took action to protect home buyers from the insatiable appetite of banks. Mortgages constitute the standard tool for households to acquire, usually, their first home. For consumers this is a very long term engagement, especially for wage earners. Given the fact that mortgages may span up […]

Whose interests are protected by the new Mortgage Directive?

At a time when very few European consumers decide to look for a mortgage to buy a new home and the European lenders very sparingly grant such loans, the European Commission found the opportunity to launch its new initiative on a Mortgage Directive, supposedly to better protect consumers. Under the experience of the past four […]

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