Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-10-22-Speech-3-160"
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"en.20081022.17.3-160"2
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"Mr President, I am really pleased that the gaps in the 1994 Timeshare Directive are finally being addressed by this Parliament so that consumers can look forward to better protection for their investments. It will also, in the long run, protect up to 40 000 European jobs. I have taken a particular interest in this report as it covers an issue that directly affects many of my constituents. We have more timeshare owners in the UK than any other European country. Therefore, this will reassure many of them that Europe is acting to protect them from scam traders. The UK timeshare industry is worth approximately EUR 157 million per year, and this directive constitutes an important move forward in eliminating unscrupulous agents who cause problems for consumers and bring legitimate operators into disrepute. These new simplified rules will ensure that consumers are equally well protected across the EU, while creating a level playing field in the market for timeshare and other popular holiday-related products."@en1
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