The impact of Airbnb on rentals worries the Eurogroup

March 13, 2019
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This article was written and published in Spanish and has been translated into English via Google Translate. Click here to read the original article.

The European finance ministers discussed during the Ecofin the situation of the real estate market in Europe. The experts invited by the Eurogroup to the meeting indicated that there are no "evident risks" that a bubble is being created in the European real estate sector, summarized Economy Minister Nadia Calviño.

However, several ministers did express their concern about the impact of housing rental platforms, especially Airbnb, on the price of rents, especially in the center of cities, the Spanish minister told reporters.

Calviño expressed his "concern" during the debate with his European colleagues, given that part of the population, especially young people, can not access a house owned or even rented.

15 jurisdictions

On the other hand, the ministers meeting in the conclave approved the first major revision of the black list of tax havens in the EU, which has once again included the United Arab Emirates, Barbados and the Marshall Islands and is now composed of 15 jurisdictions.

Specifically, the five countries that remained in the document (Guam, Samoa, American Samoa, Trinidad and Tobago and the US Virgin Islands) remain in the list, and the United Arab Emirates, Barbados and the Marshall Islands, which were already part of the list, remain in the list. in the past, but were excluded by the commitments they had acquired. In addition, the community partners have included in the list seven other jurisdictions, which are Aruba, Belize, Bermuda, Fiji, Oman, Vanuatu and Dominica, also for not having complied with the commitments that had allowed them to move to the gray list.

In this way, the gray relationship is made up of 34 countries, such as Morocco, Serbia, Turkey, Switzerland and Albania.

This article was written and published in Spanish and has been translated into English via Google Translate. Click here to read the original article.

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March 13, 2019

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