Commissioners Byrne and Bolkestein welcome political agreement in the Council

27 September 2001

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The Internal Market, Tourism and Consumer Affairs Council reached a political agreement on common rules for selling contracts for credit cards, investment funds, pension plans, etc. to consumers by phone, fax or internet. Up to this time the council was not in a position to reach agreement by qualified majority on this issue. The council is now to adopt its common position on the proposed directive shortly, and will proceed with its final adoption once the parliament will have concluded its second reading on the proposal.

Press release

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