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By Elona MORINA, European Affairs, ABBL
Right before the Christmas break and as one of the final acts of the Austrians before the hand-over to the Romanian Presidency in the Council, EU ambassadors endorsed a provisional agreement with the European Parliament on cross-border payments in euros.
With the objective of strengthening the Single Market for the financial services, and as part of the Action Plan launched by Juncker in March 2017, the cross-border payments proposal was identified as a crucial act for the integration of consumer financial services and the EU economy.
Since 2002 the same charges have been applying for euro payments in the euro area whether at home or cross-border while payments in euros from non-euro...
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