Brussels demands from Spain a change in credit regulation

Warning from the European Commission

The European Commission has issued a severe warning to the Spanish government in relation to the protection of consumer rights in the credit sector. The European body has pointed out that Spain, along with eleven other member countries, has failed to fully transpose a crucial regulation that regulates the relationship between credit administrators and consumers. In a statement, the EC emphasizes that administrators must behave in a fair and professional manner, avoiding practices such as harassment or coercion.

Deadlines for correction

In order to rectify this situation, Brussels has established an action deadline of two months. If the Spanish authorities do not implement the necessary changes in this period, the Commission will not hesitate to bring the case before the Court of Justice of the European Union. This is a clear warning that highlights the gravity of the current situation.

Other deficiencies in the regulation

In addition to the issues related to credits, the European Commission has pointed out other areas where Spain must improve. In particular, Brussels has launched an infringement procedure due to the failure to assign functions to a competent authority to manage the new responsibilities brought by the Digital Services Act, designed to create a safer digital environment.

Problems in the aviation sector

The European executive has also observed irregularities in the implementation of some regulations that affect pricing and performance evaluation in the air navigation system. According to European Union regulations, states must distribute costs equitably between airlines, but the EC has found that the current distribution is not appropriate for airlines, raising serious concerns.

This situation requires a quick and effective response from the Spanish authorities, so that legal consequences can be avoided that could affect both their reputation and citizens’ trust in the financial system.

Related posts

Il giustino: an immersió in L’òpera Baroca de Vivaldi

The future of Catalan literature: between giants and independents

Discover the Catalan literary news for Sant Jordi