Directive 98/7/EC of the European Parliament and of the Council of 16 February 1998
amending Directive 87/102/EEC for the approximation of the laws, regulations and administrative provisions of the Member States concerning consumer credit
The European Parliament and the Council of the European Union,
Having regard to the Treaty establishing the European Community, and in particular Article 100a thereof,
Having regard to the proposal of the Commission [O.J. No. C235, 13.8.1996, p.8 and O.J. No. C137, 3.5.1997, p.9.].
Having regard to the opinion of the Economic and Social Committee [O.J. No. C30, 30.1.1997, p.94.],
Acting in accordance with the procedure laid down in Article 189b of the Treaty [Opinion of the European Parliament of 20 February 1997 (O.J. No. C85, 17.3.1997, p. 108), Council Common Position of 7 July 1997 (O.J. No. C284, 19.9.1997, p.1) and Decision of the European Parliament of 19 November 1997, Council Decision of 18 December 1997.]
Whereas it is desirable, in order to
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