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Europe Daily Bulletin No. 9921

16 June 2009
Contents Publication in full By article 20 / 39
GENERAL NEWS / (eu) eu/financial services
Commission examines ways of promoting cross-border trade on lending data

Brussels, 15/06/2009 (Agence Europe) - The European Commission has launched a public consultation that will last until 31 August. It will be examining the recommendations by an experts' group on stimulating cross-border lending data (EUROPE 9733). This data will allow lending bodies to easily assess borrowers' abilities to repay and therefore reduce their financial risks. At a national level, this exchange of cross border data is already experiencing regulatory and cultural problems. These...

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