referencebudgets

This blog is operated by the coordinator of the GRUNDTVIG-project "Social Inclusion and Dignity in Old Age-Promoting participatory approaches to use reference budgets", looking at innovative initiatives and learning methods to strengthen the ability of older people to manage on a low income and checking how to use “reference budgets”. The purpose of this blog is to facilitate a discussion around european debates in the field of social inclusion and financial education of older people.

Samstag, 24. Mai 2014

Report on the implementation of the Consumer Credit Directive (May 2014)

The Commission is required to prepare every five years a report on the implementation of the Directive, and in particular assess the relevance of thresholds applied in the Directive and the percentages used for the compensation payable in the event of early repayment. The Commission has also the duty of monitoring the effects of existence of regulatory choices available to the Member States.

In this context, the Commission adopted on 14 may 2014 the Report on the implementation of the Directive