Brussels, 11/09/2002 (Agence Europe) - On David Byrne's initiative, The Commission is proposing to set out new harmonised consumer credit rules for the EU. The aim of the draft directive formally published yesterday (see yesterday's Europe, p.4) is to ensure considerable consumer protection and facilitate the creation of a single market in consumer credit. The Commission feels that the lack of common rules reduces cross-border transactions and leads to differences in consumer protection in...