Tenerife Mortgage Advisors
Interest rate in EURO zone stays at 1%
The European Central Bank will leave its main interest rate at 1.0 per cent until the 16-nation eurozone is well on its way to recovery, analysts said ahead of an ECB rate decision on Thursday in Venice.

Spain, France lead European construction decline
Spanish home prices fell for the sixth quarter in the three months through September and loan defaults have increased more than four-fold since the start of 2008.