Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-02-13-Speech-1-118-000"

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"en.20120213.17.1-118-000"2
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"Madam President, despite the fact that Bulgaria is still not part of the euro area, there are some sectors in the Bulgarian economy in which contract negotiations and payments are now commonly transacted in euro. An example of one such sector is the property market and renting. Nevertheless, when someone wishes to make a transfer in Bulgaria, even from one Bulgarian bank to another, this transfer, being in a foreign currency, is considered a cross-border transaction. The result is that a fee is collected from both the payer and the recipient, which is rather high at that. For example, the total fee charged for a standard rental price of EUR 200-300 is EUR 32. This is a cost increase of 10%. I believe that if the regulation we are discussing at the moment is accepted as proposed, it will mark an important step towards abolishing this highly unfair treatment of European consumers, and especially of those who live in countries outside the euro area. However, there is another important aspect which this regulation highlights. It is that, despite all the talk that taxes, interest rates and so on can only be determined by market conditions, with the proposals made in this regulation, we are proving that these items can be determined by legal acts. This is the proof for accepting this act here in Europe, and this is the direction we must follow"@en1
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