Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-02-13-Speech-1-109-000"

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"en.20120213.17.1-109-000"2
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"Madam President, Commissioner, ladies and gentlemen, the debate we are holding perhaps appears to be taking place at the wrong place and at the wrong time. I may have this impression due to the resolutions passed by the Greek Parliament yesterday in dramatic circumstances, although austerity and recession are, of course, not just a Greek problem. We are debating transfers, payments in euro, at a time when the crisis is getting worse, the recession is getting deeper and austerity is embracing entire sections of Europe, and it is somewhat ironic of us to say that we must resolve this problem at a time when European citizens and the nations of Europe possibly have no euros in their pockets. Those demanding that we move ahead with a Single Euro Payments Area are obviously the markets, the financial systems and the multinational companies, which stand to benefit directly. Nonetheless, as we must also protect consumer rights in this environment, my comments are as follows: firstly, because the change to this system will be very costly, it should not be the citizens who pay the price, in keeping with the banks’ standard practice of passing such costs on to their customers. The report does not cover that point. Secondly, systematic efforts should be made to inform and advise citizens and, thirdly and most importantly, because the change will also apply to e-money, we need measures, which the report does not address, to prevent fraud at the consumer’s expense. It is, I think, a good thing that we have a date and that interbank charges will be abolished. This should also apply to credit cards."@en1
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