The EU Council and European Parliament are making progress on the June 2021 proposal for a directive on consumer credit agreements, which aims to adapt Directive 2008/48/EC to the digital age, ensure better consumer protection and guarantee harmonised conditions for credit businesses (see EUROPE B12752A3).
A draft compromise from the French Presidency of the Council of the European Union - the second (see EUROPE B12941A17) - was submitted to the EU27 experts on 17 May. It strengthens the...