economic and business affairs, after a week’s pause, resumed negotiations about a crackdown on payday loans.

the Case of an interest rate cap of payday loans was last week so insurmountable, that the minister of trade Simon Kollerup (S) decided to postpone the negotiations and provide the parties with a period of reflection.

Wednesday – about a week later – it sounds so from the business and enterprise minister, that he has resumed the negotiations.

– the Negotiations was stalled, because the parties were too far apart from each other. All parties had a period of reflection, if we had to find a solution, says Simon Kollerup to Ritzau.

– Now we started again, and I have had the first bilateral negotiations with the rapporteurs from the political parties. I hope that we can now come together to deliver the real showdown with payday loans, as there is need, he says.

In the course of Wednesday, he has negotiated individually with the parties ‘ rapporteurs, in an attempt to get a consensus on an APR-ceiling, which is a loan the total annual cost in percent.

the Negotiations will continue in the course of the evening, but it is unknown as to when all the speakers once again gather around the conference table.

the Government itself has played out with a APR cap at 25 percent, the SF and Unity with 15 percent, while The Radical has been more taciturn about where the ceiling should be.

however, It has been clear that The Radicals want a higher ceiling than the government’s proposal.

To the stock Exchange has the party’s erhvervsordfører, Katrine Robsøe, told me that it was her opinion that The Radical, SF and Enhedslisten was ready to join an agreement of an APR-ceiling of 40 percent.

It was, however, according to her, dropped at the last moment. SF has denied that the party has jumped from an agreement.

The civil parties have all expressed their wish a APR-the loft, which is close to it, as the banks ‘ trade Finance Denmark, have been proposed. It sounds like at 50 percent.

Simon Kollerup has not denied that he will try to form a majority for an intervention against payday loans, without all three supporting parties is with.

/ritzau/