Spanish legislation according to which the national court is required to recalculate default interest whose rate is more than three times greater than the statutory rate is compatible with EU law

Date of article: 21/01/2015

Daily News of: 21/01/2015

Country:  EUROPE

Author: Court of Justice of the European Union

Article language: en

No 9/2015 : 21 January 2015
Approximation of laws
Spanish legislation according to which the national court is required to recalculate default interest whose rate is more than three times greater than the statutory rate is compatible with EU law

 

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