ECRC in the international Press
||G20 - Global Coalition renews its call for banks ‘worth saving’ / Rappel vers les leaders du G20 à créer un système financier qui mérite d’être sauvé
At the occasion of the G20 summit in Pittsburgh, the ECRC renews its call for banks ‘worth saving’ (which it issued at the previous London G20 Summit in April 2009) and reminds coalition partners of its critique of the more recent G20 Declaration “12 measures for a socially useful financial system” led by alternative banks. ----- [en français, voir ci-dessous] Global... [more...]
||ECRC NEWS: Ahead of the London Conference, our ECRC partner from Croatia translates the Principles, informs the media and sets up a national stakeholder conference.
ECRC Croatian partner, Personal Finance Counselling Association, shows the way by organising a round table event in Zagreb on November 19 where the London Declaration will be presented. They have furthermore managed to promote the themes of the conference by having a feature on the London conference in the Svijet osiguranja financial magazine. We hope that other members... [more...]
||New Ideas on Responsible Credit in the UK? The Office of Fair Trading is to launch year long project into 'responsible lending' and is in contact with ECRC. International ECRC...
The Office of Fair Trading in the UK has announced that it is to start a year long project investigating responsibility in lending in response to calls from ECRC member, Debt on our Doorstep. The announcement followed national media attention in the UK concerning payday loans, with the BBC broadcasting a live interview with Damon Gibbons on Saturday 26th July. A link is... [more...]
||BRUSSELS CONFERENCE – Having attended ECRC’s event, our Finnish partner Kuluttajavirasto (The Consumer Agency) comments on it in its newsletter.
Extract from The Finnish Consumer Agency's Newsletter 3/2008 and report on our ECRC conference in September 2007 THERE IS A NEED FOR SMALL LOANS, TOO REASONS FOR THE OVER-INDEBTEDNESS OF THE POOREST SEGMENTS OF SOCIETY WERE PONDERED AT AN INTERNATIONAL CONFERENCE ON RESPONSIBLE LENDING. THERE IS A NEED FOR REASONABLY PRICED MICROLOANS IN ALL COUNTRIES. Questions about... [more...]
||UK INDEBTEDNESS - ECRC gets a mention in the press in an article dealing with differences in credit cultures in the UK when compared with Europe, and the need for appropriate regulation.
RETHINKING THE 'CREDIT CULTURE' (International Herald Tribune, by Matthew Saltmarsh, October 26, 2007) Clare Silver, 37, is one of millions of Britons who have ended up on the wrong end of the easy credit culture that has become part of that country's financial landscape. A few years back, Silver, then a manager of a bank call center, had used up her quota of... [more...]
||PRESS RELEASE - ECRC's UK member DOOD has made a comment to the media on the current Northern Rock episode in the UK. It also serves as an example of how members from the different...
Press release - 18-9-07 (see attachment below) IRRESPONSIBLE LENDING HITS HOME – WHY NORTHERN ROCK IS ONLY THE START Debt on our Doorstep and the European Coalition for Responsible Credit today issued a stark warning that the Northern Rock crisis, considered by many commentators an after shock of the US sub-prime lending disaster, is in fact a precursor of wider... [more...]
||PRESS - The Ireland Post wrote an article on ECRC last June.
During a Web search one of our members found this short published article from a June edition of Ireland Post which despite reporting on and supporting the ECRC also includes a couple inaccuracies which need pointing out. Firstly is the error made in the article's title, as it was the ECRC and other similar consumer representative entities that were excluded from the... [more...]