Brussels, 13/07/2001 (Agence Europe) - Dutch MEP Karla Peijs (EPP) welcomed the draft regulation intended to reduce financial transfer costs between Member States announced by the Commission (see yesterday's EUROPE, p.8). Ms. Peijs, Parliament's rapporteur, nevertheless urges the Commission to act without delay so that banking institutions and payment bodies quickly set up a safe, inexpensive an rapid cross-border payment system. According to a "STOA" survey, published at the request of the...