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Content archived on 2024-06-18

CREDIT AND DEBT: PROTECTION OF VULNERABLE CONSUMERS IN EUROPEAN PRIVATE LAW

Objective

Introduction: As recent problems in the financial markets underscore access to credit and the treatment of indebtedness are increasingly important issues. Among the questions that arise: can and should financial services be more easily traded across borders? Will credit and debt prove the Achilles’ heel of the economy or the spur for growth? From a legal standpoint: where should protective instruments for vulnerable consumers be located, what is or should be their content and can or should protection be harmonised? While the Commission has argued for a single market in financial services (2005 White Paper/Financial Services), for greater coherence in EC consumer law (2007 Green Paper/Consumer Acquis) and contract law in general (2004 Communication/Contract law), financial services’ markets, measures of consumer protection and EC contract law remain highly fragmented. This project aims to tackle these issues from a legal perspective with a comparative study of the instruments protecting the vulnerable consumers from the full extent of his/her contractual obligations; instruments which vary from one Member State to the next but which centre on the instruments of undue influence, unconscionabilty and good faith.

Fields of science (EuroSciVoc)

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Keywords

Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)

Topic(s)

Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.

Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

FP7-PEOPLE-2007-2-2-ERG
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Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

MC-ERG - European Re-integration Grants (ERG)

Coordinator

UNIVERSITY OF LEEDS
EU contribution
€ 45 000,00
Address
WOODHOUSE LANE
LS2 9JT Leeds
United Kingdom

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Region
Yorkshire and the Humber West Yorkshire Leeds
Activity type
Higher or Secondary Education Establishments
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Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

No data

Participants (1)

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