Much Ado about Little? Agreement on the Consumer Credit Directive Reached

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Author(s): 
Nicola Jentzsch, Karel Lannoo
In:
Financial Markets, ECRI Commentaries
Date of publication: 
24 May 2007
Pages: 
4
File type: 
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34.34 KB
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In this commentary CEPS Fellows Nicola Jentzsch and Karel Lannoo assess the impact of the Consumer Credit Directive, which was finally agreed at the Competitiveness Council on 21 May. They doubt that this new piece of legislation will in itself suffice to create a more integrated and competitive consumer credit market in Europe.