Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-09-14-Speech-1-069"

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"en.20090914.23.1-069"2
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"Banking requires supervision. That is the position of the European Council and the European Commission. The European Commission consumer protection study published in February revealed several negative trends in banking. As an elected representative from Estonia, I would like to present some examples from Estonia concerning two Swedish banks that are operating in Estonia. The problem is that these banks treat consumers in Estonia differently from consumers in their home country. Both the prices of banking services and interest rates are considerably higher for Estonian consumers. Interest rates, for instance, vary from 0.21% in Sweden to 12.2% in Estonia – that is a 600-fold difference. Using the financial crisis as a justification for unequal treatment is not in keeping with European Union values. And I would like to ask Sweden, which currently holds the presidency of the European Union, what it has to say about this, and how long this situation with their banks will continue in Estonia."@en1
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3http://purl.org/linkedpolitics/rdf/spokenAs.ttl.gz

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