Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-03-10-Speech-3-167"
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"en.20100310.19.3-167"2
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"I appreciate the efforts of the European Union regarding the introduction of a single regime for bank transactions within the euro area.
On the other hand, I can see the introduction of these new rules being abused by the banks in order to raise fees they charge their clients. If, on the one hand, our banks, under pressure from the European Union, adjust payments for cross-border SEPA transfers within the euro area so that they are at the same level as internal transfers, the fees for depositing and withdrawing money at branches would concurrently rise. It is clear to all of us that the costs to banks for handling cash at branches in connection with the new rules have not changed in the least.
And, therefore, we have to say loudly that the exploitation by the banks of the new rules which have been introduced in the euro area in order to increase their profits at the expense of our citizens is blatant doltishness. Therefore, it should be our duty to monitor carefully how the new regulations on financial institutions are being applied."@en1
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