Payment methods between the 25 EU member states vary wildly in legislative regulation, cost and service levels. It has been estimated that the many processes involved in cross-border EU payments are costing up to 3% of EU GDP. The proposed solution is one of such audacious scale; experts have predicted that, if successful, it will be more significant than the advent of the euro.
Close Up: SEPA - Le grande design
Posted by Dan Martin in Strategy & Planning, Risk & Regs on Tue, 08/05/2007 - 10:59
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The Bottom Line: Britain still great for business
Political strategy needed to show that Britain is still great for business, says Richard Thomas
"Out of one side of his mouth, Gordon Brown is saying he will make Britain an attractive place to invest, but out of the other he is clobbering higher earners with 50%, which sends out the opposite message.