Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-07-04-Speech-3-417-000"
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"en.20120704.25.3-417-000"2
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"In today’s sitting in Strasbourg we adopted the report by Mr Klute. The non-legislative resolution adopted today asserts that the 10% of EU citizens who are currently not entitled to basic banking services should be entitled to them; accordingly, Parliament called on the Commission to present a legislative proposal by January next year to rectify this financial exclusion. Legislation is required at EU level because the Commission’s simple recommendations have had the desired effects only in some countries and banks naturally tend to target only customers from whom they can make money. According to the resolution, a basic payment account should always be more convenient that any alternative offered by a given financial institution. It goes on to say that access to a basic payment account should under no circumstances be made conditional on the purchase of other products or services. The basic account would enable a person to make any essential payment transactions such as receiving income or benefits, paying bills or taxes and purchasing goods and services, making cash withdrawals and printing account statements."@en1
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