Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-11-20-Speech-2-305-875"

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"en.20121120.28.2-305-875"2
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". At a time when Belgium, one of the six founder members of the European Union, has just drawn up its 2013 budget without an ambitious plan to boost growth and consumer purchasing power, the European Parliament is adopting a motion for a resolution on consumer credit contracts. This vote is important for consumer protection. The countries of the European Union were supposed to have implemented this Directive by 11 June 2010. However, some Member States, including Belgium, have delayed the transposition of all or some provisions of the Directive. This delay is essentially due to the short transposition deadline, i.e. two years, and the scope of the legislation involved. As a reminder, this Directive has two objectives: 1) to guarantee a high level of consumer protection and 2) to strengthen the internal market in cross-border consumer credit. Parliament is calling on the Commission to address the transposition of the Directive and is asking that its impact on citizens be clearly assessed in the context of the financial crisis we are experiencing. It is a preventative measure full of good sense."@en1

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