Arepealing legal acts in the field of business statistics COM final No. of April The Constitutional Court of Romania Decision regarding the exception of unconstitutionality of the provisions of art. . of the Civil Code No. of March National Agency for Fiscal Administration Order for the amendment and completion of the Order of the president of the National Tax Administration Agency no. regarding the approval of the model content and technical rules for use and completion of specific forms intended for use in customs activity No. of March.
Leave a reply Your email address will not be published. Mandatory fields are marked with Country Email List Comment Name Email Abusive clauses. CJEU Conclusions of the Advocate General. ware Commercial law European Union law CASE LAW European jurisprudence minutes Adelina Voicu April Reference for a preliminary ruling Unfair terms in consumer contracts Directive EEC Article and Article Credit agreements concluded in a foreign currency Case C Ruxandra Paula Andriciuc and others Banca Romneasc SA The actual situation Between April and October Mrs. Ruxandra Paula Andriciuc and other people concluded credit contracts in Swiss francs CHF with.
SC Banca Romneasc in order to purchase real estate refinance other loans or for personal needs. Borrowers were required to repay monthly installments in CHF. The exchange rate between the CHF and the Romanian leu RON almost doubled between and .fluctuations in the CHF exchange rate. They have therefore notified the Romanian courts showing that the clauses providing for the repayment of the loan in CHF impose on them the currency exchange risk and are therefore abusive clauses. The legal framework Union law protects consumers when concluding contracts with a professional. In particular it provides that a clause can be considered unfair if it causes a significant imbalance between the.
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