A draft EU law designed to reduce differences between 27 different sets of national consumer credit rules is heading for a crucial test in the European Parliament, with MEPs giving the proposal a mixed reaction.
On Friday (11 January), EU capitals struck a deal with three of the parliament's major groups - the Socialists, the Liberals and the Greens.
But centre-right MEPs have refused to back the legislative changes as they believe the bill will increase red tape and costs, accor...
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