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
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