Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-02-14-Speech-2-238-375"

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"− The report by Ms Essayah puts the spotlight on an issue that involves all European citizens, to varying degrees and different ways: the simplification of credit transfer and debit payment procedures with the aim of making them the same in all Member States. With the introduction of the Single Euro Payment Area (SEPA), the making of a payment through a credit transfer to foreign states will become equivalent to the same transaction carried out in a person’s own country of origin. This involves benefits both to enterprises, which will reduce their operating costs, with an estimated saving of between EUR 100 million and EUR 300 million in six years, and to citizens, who will see simplifications to many financial transactions, which are now increasingly common and widespread in a globalised market."@en1

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