UK faces major mortgage crisis

The average two-year fixed mortgage rates for residential property buyers in the UK hit 6.01% on Monday, sending the key borrowing metric for the housing market to its highest level since December 2022.

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Germany mulling sale of stake in top gas importer – Bloomberg 

Uniper was nationalized after facing €40 billion in losses due to the halt in Russian gas supplies The German government is preparing to sell part of its 99% stake in the country’s main gas importer Uniper, which was bailed out during the energy crisis of 2022, Bloomberg reported on Wednesday, citing people familiar with the…

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Kiev lashes out at Orban

The Hungarian PM’s assessment that Ukraine is bound to fail in the conflict with Russia is “pointless” talk, Dmitry Kuleba has said Ukrainian Foreign Minister Dmitry Kuleba has dismissed remarks made by Hungarian Prime Minister Viktor Orban earlier this week about Kiev’s lack of prospects in the conflict with Moscow as “pointless” talk. Orban had…

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