Author (Corporate) | European Commission: DG Employment Social Affairs and Equal Opportunities |
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Publisher | EC |
Series Title | Community Action Programme on Social Exclusion: Policy Studies Findings |
Series Details | No.11 |
Publication Date | 2008 |
ISBN | 978-92-79-09069-1 |
ISSN | 1830-5423 |
EC | KE-AR-08-001-EN-C |
Content Type | Overview, Report |
With the expansion of access to credit and the provision of new products in financial services, consumer over-indebtedness is increasingly moving into the focus of the European public. Yet, so far there has not been a standard definition of over-indebtedness which is accepted throughout the Union. This is one of the reasons why there are no comparable statistics about the current state, extent and past development of over-indebtedness within individual Member States. Such a lack hampers the evaluation of policy measures and undermines any well-founded discussion about the effectiveness of prevention measures. This is the background against which the European Commission arranged for a study by three partners: the Observatoire de l’épargne européenne (Paris, France), the University of Bristol, Personal Finance Research Centre (United Kingdom) and the Centre for European Policy Studies (Brussels, Belgium). |
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Source Link | http://ec.europa.eu/employment_social/spsi/docs/social_inclusion/2008/leaflet_overindebtedness_en.pdf |
Related Links |
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Subject Categories | Employment and Social Affairs |
Countries / Regions | Europe |
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