Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-02-14-Speech-2-235-210"
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"en.20120214.15.2-235-210"2
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The Commission’s proposal for a regulation, which Parliament has adopted today, amends the SEPA (Single Euro Payments Area) Regulation in order to establish an internal market for payment services in euro, with no distinction between domestic and intra-European payments. This regulation covers 32 European countries, comprising the 27 Member States of the Union, Switzerland, Norway, Monaco, Iceland and Liechtenstein. Although the SEPA systems for credits and direct debits were launched in 2008 and 2009, respectively, there remains the great problem of its concrete implementation, owing to difficulties – resistance or inertia, or both? – in migration to this new payment system. That being the case, the current proposal suggests a transition period that is as short as possible, with a definite calendar (1 February 2014 for eurozone countries; 31 October 2016 for countries outside the euro area) and no possibility of further postponements beyond those envisaged by the regulation that has now been adopted. Once SEPA is fully operational, we could, for example, use the same debit card all over Europe, or receive a salary into our home bank account if we are working in a European country other than our country of origin."@en1
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