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Image header Agence Europe
Europe Daily Bulletin No. 11593
Contents Publication in full By article 23 / 27
COURT OF JUSTICE OF EU / (ae) consumers

Macroeconomic issues justify limits on invalidity of abusive clauses in mortgage contracts

Brussels, 13/07/2016 (Agence Europe) - It is possible to use macroeconomic issues to justify a temporal limit on the effects of invalidity of clauses declared abusive in a mortgage contract, in order to avoid disastrous consequences for the whole economy from widespread use of this clause.

This is the conclusion reached by Advocate General Paolo Mengozzi and presented to the European Court of Justice on Wednesday 13 July, in relation to a number of combined cases (C-154/15, C-307/15 and...

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SECTORAL POLICIES
ECONOMY - FINANCE
EXTERNAL ACTION
INSTITUTIONAL
COURT OF JUSTICE OF EU
NEWS BRIEFS