Economy · Greece

Key Points from New Consumer Credit Bill in Greece

2 sourcesFirst reported 1 month agoUpdated 1 month ago

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The Ministry of Development has proposed a new consumer credit bill.
The bill aims to limit charges and improve consumer protection against misrepresentation.
It includes measures such as caps on total loan repayment costs and establishes a 'right to be forgotten' for cancer patients.
The initiative also targets 'Buy Now-Pay Later' schemes and small loans.

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AI summary: catch up in 20 seconds

The Ministry of Development has proposed a new consumer credit bill.
The bill aims to limit charges and improve consumer protection against misrepresentation.
It includes measures such as caps on total loan repayment costs and establishes a 'right to be forgotten' for cancer patients.
The initiative also targets 'Buy Now-Pay Later' schemes and small loans.

Generated by AI from the 2 sources below · always verify with the originals