On 6th April, EAPN responded to the European Commission’s consultation on financial inclusion and access to a basic bank account. Stressing that time has come to “restore citizens’ confidence in the EU’s financial agenda….by putting the internal market at the service of public good”, EAPN calls on the European Commission to propose a Directive on Access to a Basic Bank Account. The latter should cover a number of key services and be accompanied by accessible, affordable, quality services. However, tackling financial exclusion implies looking much beyond access to a bank account. As EAPN underlines, urgent action is also needed to ensure fairer credit and lending practices, and tackle over-indebtedness.
Read EAPN’s full response .
