Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-01-15-Speech-2-080"
| Predicate | Value (sorted: default) |
|---|---|
| rdf:type | |
| dcterms:Date | |
| dcterms:Is Part Of | |
| dcterms:Language | |
| lpv:document identification number |
"en.20080115.7.2-080"2
|
| lpv:hasSubsequent | |
| lpv:speaker | |
| lpv:spoken text |
"Mr President, I would also like to express my sincere thanks to the rapporteur, Mr Lechner, and to all Honourable Members for raising a lot of important and wise remarks.
Let me just comment on a few of them. We believe that the threshold is set up very carefully. Our common aim is not to deprive vulnerable consumers of protection by directive. That is why we set up a threshold which equally embedded the interests of the new countries and which does not exclude most average credits in the EU-12.
It is also, we believe, a big advantage to have a standard info-sheet, which many of you have pointed out as one of the main positive steps in the directive. This will be one of the biggest advantages and we will not deprive the consumers if we substitute it for the contract copy, because consumers cannot easily compare copies of the contract. They often have difficulties understanding the contract copies – and this is borne out by Eurobarometer research.
As to full harmonisation – actually I would like to stress that this is ‘targeted’ full harmonisation. The reason why it is better than minimum harmonisation, as some of you proposed to discuss even today, is that we think that it is necessary to lower market-entry barriers for financial services providers, and this is one of the main reasons why this proposal for a directive is going ahead. Through this, we need to increase consumer confidence. That is why targeted full harmonisation is the best way to do it.
The Commission would like to reassure Mr Harbour especially that it will monitor the market. My services have launched a study to collect indicators and data on the present market. A few years later we will use the same indicators and collect the same data. This will allow us to decide on the follow-up.
To conclude, I can only repeat that in my view, going through the conciliation procedure would not help us reach a better compromise than the one you have on the table today. Consequently, I very much hope that Parliament will be able to adopt this text at second reading tomorrow."@en1
|
| lpv:unclassifiedMetadata |
Named graphs describing this resource:
The resource appears as object in 2 triples