Infringement proceedings against Romania regarding consumer loans. What does the European Commission criticize the authorities in Bucharest
European Commission, Photo: Hotnews
The European Commission decided, on Friday, to start an infringement procedure by sending a letter of delay to a number of 23 member states, including Romania, for not communicating the complete transposition of the Directive on consumer credit contracts, informs Agerpres.
The other countries are Belgium, Bulgaria, Czech Republic, Germany, Estonia, Greece, Spain, France, Croatia, Ireland, Cyprus, Lithuania, Luxembourg, Latvia, Malta, Netherlands, Austria, Poland, Portugal, Slovenia, Finland and Sweden.
Directive (EU) 2023/2225 aims to improve consumer protection on the credit market, ensuring transparency and fairness in credit operations in all member states. Member states had to transpose the directive into national law by November 20, 2025.
Until now, the 23 mentioned member states have not communicated the full transposition of the directive to the Commission. The Commission is therefore sending letters of formal notice to the Member States concerned, who now have two months to respond and notify the Commission of its full transposition. If it does not receive a satisfactory answer, the Commission may decide to issue a reasoned opinion.
Separately, the European Commission decided to initiate infringement proceedings by sending a letter of formal notice to 21 member states (Belgium, Bulgaria, Czech Republic, Germany, Estonia, Greece, Spain, Croatia, Ireland, Cyprus, Latvia, Luxembourg, Malta, Netherlands, Austria, Poland, Portugal, Romania, Slovenia, Finland and Sweden) for not communicating the full transposition of the Directive on distance financial services contracts.
Directive (EU) 2023/2673 lays down rules that increase the level of consumer protection for financial services sold at a distance, such as over the phone or online, in particular by introducing an “opt-out button” that allows consumers to withdraw from a contract with a single click. Member States had to transpose the directive into national law by December 19, 2025.
