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Europe Daily Bulletin No. 7906

19 February 2001
Contents Publication in full By article 15 / 50
GENERAL NEWS / (eu) eu/fraud
Action Plan to combat fraud on payment cards - Towards single call number in case of loss or theft

Brussels, 19/02/2001 (Agence Europe) - On Monday, the European Commission adopted an action plan to tackle payment card fraud and the counterfeiting of payment means other than cash, which mainly consists in the organisation of conferences. "Such fraud currently amounts to an estimated EUR 600 million a year in the European Union. Last year fraud grew by approximately 50%", stressed the Commissioner in his communication. Fraud is said to have "mainly concerned payments made by phone or...

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