Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-01-16-Speech-3-997"

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". Based on the excellent report by my German colleague Kurt Lechner, I approve the adoption by the European Parliament, at second reading of the codecision procedure, of a legislative resolution on the Council common position for adopting a directive on the harmonisation of the laws, regulations and administrative provisions of the Member States concerning credit for consumers and replacing the 1987 Community framework, amended on two occasions. I welcome the European Commission’s desire to establish the conditions for a genuine internal market in consumer credit, to guarantee a high level of consumer protection and to clarify Community regulations by recasting the three existing directives of 1987, 1990 and 1998 on this type of credit. I welcome the important work done by my French colleague Jean-Paul Gauzès, who by the wisdom and strength of his convictions has made a substantial contribution to this important compromise, which is so valuable for economic growth, consumer protection and credit institutions."@en1

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