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Europe Daily Bulletin No. 11133

1 August 2014
Contents Publication in full By article 18 / 25
ECONOMY - FINANCE - BUSINESS / (ae) finance
SEPA on stream on 1 August 2014

Brussels, 31/07/2014 (Agence Europe) - The Single Euro Payment Area (SEPA) will come on stream in all eurozone nations on 1 August 2014 and will apply from 30 October 2016 to all euro operations in countries outside the eurozone too. SEPA will make it much easier for ordinary people and companies to make payments in euro and increase competition among banks.

SEPA is an area in which more than 500 million inhabitants, public authorities and more than 20 million companies will be able to make...

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ECONOMY - FINANCE - BUSINESS
COUNCIL OF EUROPE