Commission refers Croatia, Cyprus, Portugal and Spain to the Court of Justice for failing to fully enact EU rules on mortgage credit

Author (Corporate)
Series Title
Series Details IP/17/1049 (27.04.17)
Publication Date 27/04/2017
Content Type

The European Commission decided to refer Croatia, Cyprus, Portugal and Spain to the Court of Justice of the EU for not enacting the Mortgage Credit Directive (MCD) in their national legal systems.

In May 2015, the European Commission formally requested Croatia, Cyprus, Portugal and Spain to implement the Directive. Since then, the concerned Member States have not complied with the Commission's reasoned opinion.

Source Link http://europa.eu/rapid/press-release_IP-17-1049_en.htm
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