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Europe Daily Bulletin No. 8042

7 September 2001
Contents Publication in full By article 11 / 47
GENERAL NEWS / (eu) eu/cross border bank transfers/ecb

06/09/2001 (Agence Europe) - At a conference in Frankfurt on Wednesday, Tommaso Padoa-Schioppa, Italy's representative on the European Central Bank's Executive Board, criticised European banks for not making enough efforts to cut charges levied on cross-border bank transfers. He said there was no longer any justification for a bank transfer between Frankfurt and Paris costing any more than a transfer between Frankfurt and Munich, adding that in any monetary union, the concept of a border...

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A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION
SUPPLEMENT