Brussels, 19/06/2002 (Agence Europe) - A "European Payments Council" (EPC) has been formed this week by the Federation of European Banks (FEB), the European Savings Banks Group (ESBG) and the European Association of Co-operative Banks (EACB). The goal is to prepare a "European payments area", adapted to new consumer demands since the introduction of the euro.
To begin with, the European Payments Council launched five working groups on the following subjects: 1) payment instruments to...