The European Union is set to end a five-year long legislative process aimed at reducing differences in 27 national consumer credit rules. But EU capitals and MEPs are still locked in a dispute over a key part of the controversial bill.
The consumer credit directive, tabled by the EU's executive body in autumn 2002, is designed to boost the European market by allowing all of its customers to benefit from bank products that are not available in their own country.
Currently, the mar...
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