In the fourth quarter of 2017, the European Commission will propose changes to Regulation 924/2019 to ensure equal costs for payments in currencies other than the euro in relation to national and cross-border transactions.
This initiative is the only legislative provision contained in the action plan on retail financial services which the institution presented on Thursday 23 March, following on from the specific Green Paper of December 2015 (see EUROPE 11450).
"Today, you might have to pay...