Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-02-13-Speech-1-126-000"
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"en.20120213.17.1-126-000"2
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"Madam President, the functioning of the EU internal market without the dismantling of borders in the banking sector would certainly be problematic. Therefore, efforts to create a single European system for carrying out transactions by moving from national to international standards is an understandable change that will simplify payments within the European Union for our citizens and companies.
The fact that, from 2014, citizens of the euro area and, from November 2016, citizens of other EU countries will carry out cross-border payment orders and direct debits in the European Union under the same conditions as at the national level is, I think, a natural expression of integration and the building of a common market that our citizens and businesses will certainly welcome.
I therefore hope that the application of the proposed changes creating the Single Euro Payments Area will not run into administrative or economic obstacles in the banking sector that would complicate its introduction."@en1
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