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Europe Daily Bulletin No. 9838

12 February 2009
GENERAL NEWS / (eu) eu/financial services
Ecofin Council calls for redoubling of effort to implement single Euro payments area in time

Brussels, 11/02/2009 (Agence Europe) - European finance ministers are rather concerned about the delays in implementation of the Single Euro Payments (SEPA) project. In the conclusions they adopted on Tuesday 10 February, they pointed out that “significant efforts are required to accelerate the current slow rate of SEPA migration, which seems to focus mainly on cross-border payments”. Ministers urge the industry to actively market services that are as high quality as their national...

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