1. It came out in the AM today....that the coalition government is writing a regulation that says....if you own a building/house, and seek to renovate (anything requiring a permit), and this structure is built before 1993....you go onto a asbestos suspected list. That means testing is mandated, and if there is any asbestos....that becomes part of the renovation project (by default).
Payment factor? Well....it's on you, the owner. Effect? Unknown.
I would imagine on apartment buildings...virtually all renovation projects will come to a end for a couple of years.
2. Raids conducted in Berlin yesterday....suspected terror operations being planned against Jewish institutions.
3. ECB to leave key interest rate at 4.5-percent.
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