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Image header Agence Europe
Europe Daily Bulletin No. 11991
Contents Publication in full By article 12 / 21
ECONOMY - FINANCE - BUSINESS / Payments

Commission takes step of aligning cross-border payment costs in euro throughout EU

In 2019, cross-border payments made in euro will cost no more than the equivalent national transfer made in the local currency, anywhere in the European Union, the European Commission announced on Wednesday 28 March, presenting a legislative proposal to amend the regulation (924/2009) on cross-border payments. 

The measure, which was announced in its action plan on retail financial services (see EUROPE 11752), is aimed at “granting citizens and businesses in non-euro area countries the...

Contents

INSTITUTIONAL
UNITED KINGDOM: EU should make sure that it does not punish London to much, says Charles Grant
COMMISSION: MEPs say rules were bent to a maximum to appoint Martin Selmayr as secretary general
BUDGET: Commissioners discuss ways of making multiannual financial framework more effective
BUDGET/COHESION: Definitive European Parliament/Council agreement on simplification of rules governing structural and investment funds
SECTORAL POLICIES
TRANSPORT: Cabotage forms background to Council discussions on combined transport
JUSTICE: Commission does not appear convinced by idea of European body for whistleblowers
JUSTICE: Kaufmann highlights victim support in flight against fraud by non-cash means
ENERGY: Germany authorises construction of section of Nord Stream-2 in its territorial waters
ENERGY: Clear decoupling of electricity consumption and economic growth in EU since 2010
ENVIRONMENT: MEPs impatiently awaiting impact study for permanent post-2020 LIFE programme
COHESION: Cretu insists that future conditionalities around rule of law apply to all EU policies
ECONOMY - FINANCE - BUSINESS
PAYMENTS: Commission takes step of aligning cross-border payment costs in euro throughout EU
SECURITY - DEFENCE
SECURITY: EU presents its first operational measures to facilitate military mobility
EXTERNAL ACTION
USA: Germany and France in search of appeasement in tension with Donald Trump on trade front
AFGHANISTAN: Federica Mogherini proposes EU support should there be peace negotiations
NEWS BRIEFS
DEFENCE: 42 partners from 15 states sign grant agreement as part of European Defence Fund
SPACE: Member states give green light to extend EGNOS to Ukraine
FINANCE: ESMA prohibits marketing of binary options and restricts supply of contracts for differences
REGIONS: MEPs highlight cohesion policy role in transport development
SERBIA: Mogherini and Vučić agree to develop new working methods
UKRAINE: Hahn calls on Verkhovna Rada to remove asset declarations requirement for civil society activists