Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-01-16-Speech-3-186"
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"en.20080116.9.3-186"2
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The result of today’s vote in the European Parliament means that, after a good five years, an agreement has been reached on the consumer credit directive. The dialogue between the European Commission, the Council and Parliament was still fruitless at the end of last week, as the rapporteur had prohibitive objections to a compromise proposal concerning early repayment that all the other parties were prepared to accept. The compromise subsequently reached between negotiators from the Socialist Group in the European Parliament and the Group of the Alliance of Liberals and Democrats for Europe, which was also acceptable to the European Commission and the Council, has today received broad support from Parliament. I am pleased that the Group of the European People’s Party (Christian Democrats) and European Democrats has now decided to support the compromise, as I am convinced that it represents the best that could be reached for consumers and industry. I would like to thank everyone concerned, particularly the rapporteur, for their commitment throughout the process."@en1
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