Local view for "http://purl.org/linkedpolitics/eu/plenary/2004-04-20-Speech-2-114"
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"en.20040420.7.2-114"2
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".
Mr President, we are dealing here with the applicability of the Directive to agreements relating to small amounts of credit or those covering particularly large amounts. The Group of the European Liberal, Democrat and Reform Party has tabled an amendment proposing that the coverage threshold for microcredits be drawn at EUR 500. I should like to combine this amendment with Amendment No 175, tabled by the Group of the European Socialists with a view to setting an upper limit of EUR 100 000. That would be a sensible joint solution. If it secures a large majority, there is a good chance that it will serve as the basis for further deliberations within the Council."@en1
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