cml annual conference 2005 from domestic to european market graeme hardie sales and marketing director london 6 december 2 what are the benefits of a options for building santander s experience agenda 3 source eurostat central banks note spread uk stock france q2 03 88 74 68 61 46 43 26 14 60 dk nl pt sp ge f it us mortgage spreads bp new production q4 04 100 81 103 102 90 125 89 120 110 household debt gdp 2004 country more competition lower rates wide variation in level some deviation greater accessibility borrowing an integrated 4 is already quite efficient but integration could still improve pricing 5 harmonisation possible 1 harmonization legal changes eg property
