Levelling off European cross-border payments in euros
Briefing
09-07-2018
While the overall argument in favour of cheaper cross-border payments across the euro and non-euro Member States appears sensible, this impact assessment could have been stronger in terms of discussing the specifics of the financial infrastructure in non-euro Member States and the shortcomings of the cross-border payments market related to these specifics. A more detailed comparison of options including the economic impacts (particularly as related to SMEs) would have been helpful, as would be a more substantiated analysis of the feasibility of the envisaged monitoring and evaluation mechanisms.
Briefing
About this document
Publication type
Author
Policy area
Keyword
- accounting
- bank charges
- BUSINESS AND COMPETITION
- economic analysis
- ECONOMICS
- electronic banking
- euro area
- European construction
- EUROPEAN UNION
- European Union law
- FINANCE
- financial institution
- financial institutions and credit
- financial legislation
- financial services
- free movement of capital
- impact study
- intra-EU payment
- monetary economics
- monetary relations
- payment
- proposal (EU)
- single market