The ministers of the EU Member States reached, on Thursday 9 June in Luxembourg, a ‘general approach’ formalising the position of the EU Council on the proposed directive on consumer credit agreements, which modernises Directive 2008/48/EC, which it will repeal.
This June 2021 proposal aims to take account of the increasing digitalisation of a market where new operators and risky credits have appeared, to prevent over-indebtedness of consumers in this period of crisis and to create an...