Worst of credit crunch 'still to come', warns European Bank chief as house sales set

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Worst of credit crunch 'still to come', warns European Bank chief as house sales set

19th May 2008, 10:51:AM

The head of the European Central Bank today suggested that he did not believe the difficulties in the world financial markets had run their course. Jean-Claude Trichet's warning comes as a study predicted that sales of houses could collapse by 40 per cent this year, according to a study published today

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Tags: bank, credit, european, financial

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Worst of credit crunch 'still to come', warns European Bank chief as house sales set

Worst of credit crunch 'still to come', warns European Bank chief as house sales set

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