Agreement concluded in foreign currency between a seller
Athe sense that the significant imbalance between the rights and obligations of the parties arising from the contract must be analyzed by reporting strictly at the time of the conclusion of the contract or it also includes the situation where during the course of a contract with successive execution does the consumers performance become excessively onerous compared to the time of the conclusion of the contract due to significant changes in the exchange rate In the sense of Article paragraph of Directive by the clear and intelligible character of a contractual clause it must be understood that the respective contractual clause must provide only.The reasons that were the basis for including this clause in the contract and its operating Country Email List mechanism or must also foresee all its possible consequences depending on which the price paid by the consumer may vary such as exchange rate risk and if from the perspective of Directive EEC it can be considered that the banks obligation to inform of the client at the time of granting the loan is exclusively related to the lending conditions namely interest commissions guarantees placed on the borrower the possibility of appreciation or depreciation of a foreign currency not being included in this obligation Article paragraph of.
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Directive EEC must be interpreted in the sense that the terms the main object of the contract and the appropriate nature of the price or remuneration on the one hand in relation to the services or goods provided in their exchange on the other hand covers a clause contained in a credit or a supplier and a consumer and which was not the subject of an individual negotiation according to which the credit will be returned in the same currency Conclusions of the Advocate General Advocate General Nils Wahl refers both to the drafting of the contractual clauses in question and.
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