Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-11-15-Speech-2-434-568"
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"en.20111115.27.2-434-568"2
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"The crisis that we are currently experiencing is a crisis of confidence which is affecting our banks and companies and poses a serious threat to economic recovery. In this climate of mistrust, it is imperative to sustain consumption by maintaining confidence between buyers and sellers. In this way, we shall contribute to ordered, informed consumption, which is indispensable for economic growth in the EU. Henceforth, the EU is clearly committed to this path with this report that I supported and which aims to give consumers, who form the core of the single market, even fuller information. Citizens should be provided with clear, accurate information on all the products they buy, be it in relation to health, safety or sustainability. I believe that a great deal remains to be done in some sectors, where pricing is deliberately made incomprehensible for the consumer, where switching suppliers is laborious and onerous, and where automatic contract extension on expiry is commonplace. It is high time that the Commission took on these hindrances to competition and to free choice for consumers."@en1
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