Although European growth has held up well so far, it now appears to be slowing, in part because the financial strains and rising commodity prices have weighed on consumer and business confidence and have weakened spending, but also as Europe's housing markets cool, especially in the United Kingdom, Ireland, and Spain.
Ewart S Williams: Some thoughts on a new regulatory regime for credit unions Feature address by Mr Ewart S Williams, Governor of the Central Bank of Trinidad and Tobago, at the Thirty-First Annual General Meeting of the Eastern Credit Union, St Joseph, 18 March 2005.