Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-01-15-Speech-2-076"

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"en.20080115.7.2-076"2
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"I welcome the appearance of this directive; it is a step in the right direction. However, I would like to draw your attention – in particular the Commissioner’s attention – to Article 16. In my country, consumers do not receive any compensation if they repay credit early. Now, when this article comes into force, consumers will actually pay more. I find it hard to believe that this denotes consumer protection. Surely, it is said that there are plenty of legal protectors in the article intended to ensure that consumers do not have to pay for this, but when we talk about legal protectors we mean legal games and not the real economy. In the real economy, if it is possible to tax a consumer, he or she will always be taxed. Therefore, I ask you to take care to structure Article 16 better in view of the fact that in many countries this tax is not applied at all."@en1

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