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Europe Daily Bulletin No. 9080

2 December 2005
Contents Publication in full By article 19 / 42
GENERAL NEWS / (eu) eu/internal market
Commission unveils plans for Single Payment Area

Brussels, 01/12/2005 (Agence Europe) - As announced in EUROPE 9071, the European Commission unveiled a draft directive to create a Single Payments Area in the EU. On 1 December, Internal Market Commissioner Charlie McCreevy told reporters: "Easier, cheaper, faster payments - the Single Payment Area will benefit each and every European, and bring big-money savings to EU economy to the tune of €50-100 billion a year. Being able to pay for goods and services anywhere in the EU as you would do...

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