Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-06-05-Speech-4-293"

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"en.20080605.30.4-293"2
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"Mr President, ladies and gentlemen, I am voting in favour of this report, which makes another significant contribution to Europe's economic development. I therefore welcome the excellent work done by Mr Pittella, who has clearly spelled out the proposals and principles which should regulate this very important sector. Harmonisation of the credit market constitutes another step towards an extremely important goal: the completion of a truly integrated internal market which attempts to overcome the existing legislative differences between Member States. Financial services are of general economic interest, in that they play a key role both in terms of economic development and in terms of properly implementing the Schengen objectives. I am thinking of citizens who have huge difficulties in obtaining accurate information, and of the exit penalties – often in the form of high abandonment costs – which confront users wishing to switch from one credit institution to another."@en1

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