On Wednesday 29 August, the committee on economic and monetary affairs (ECON) of the European Parliament discussed the draft report by Eva Maydell (EPP, Bulgaria) on the proposal to harmonise the costs of cross-border payments in euro throughout the EU (see EUROPE 11991).
Although there appears to be consensus on the rapporteur's proposals on the 'currency conversion' plank, differences of opinion exist over whether to extend the effects of the regulation to cross-border payments in...