Brussels, 15/10/2007 (Agence Europe) - During the General Affairs Council of Monday 15 October, the Council formally adopted the proposed directive introducing a single legal framework for payments in Europe. The objective of this legal framework is, amongst other things, to reduce costs pertaining to payments, by dint of increased competition between service providers. The inter-institutional political agreement on the final text of the directive was obtained at the end of April, after the...