Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-02-14-Speech-2-237-000"

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"en.20120214.15.2-237-000"2
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". The European Commission would like to replace national euro payment systems with a European system. The Single Euro Payments Area (SEPA for short) is based on the development of common payment services at European Union level, aimed at replacing current national payment services. In a nutshell, this means that national and cross-border payments, bank transfers and direct debits should come under the same legal system. There are numerous problems relating to differences between payments in the European Union. I endorse this initiative and would like consumer rights to be protected. This initiative should simplify the whole process and help enhance competition, which would normally result in a drop in service prices."@en1

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