Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-04-24-Speech-2-194"
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"en.20070424.43.2-194"2
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".
Payments are the financial lubricants that allow the real economy to function. Currently each EU citizen is making on average 138 non-cash payments per year and this is likely to grow. I firmly believe that if European citizens and businesses are to reap the full benefits of this internal market, then they have to be able to trust in efficient, cheap and secure payments. It is for this reason that I support the payment services report by Mr Gauzès.
Currently both consumers and retailers have to contend with the fact that goods can be physically moved across the EU in one or two days, yet the payment in relation to these goods can take between three and five days to clear. The slowness of payments is no longer tolerable in an age when we can boast of nanosecond technology.
I firmly believe that European competitiveness will only improve when, in Ireland for example, businesses and consumers can make a payment from Dublin to Madrid as easily as from Dublin to Cork."@en1
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