Proposals for a separate end date for credit and debit transfer migration under the Europe's Single Euro Payments Area (Sepa) initiative, received a mixed reaction from government and banking institutions.
Public consultations on end dates released on Tuesday by the European Comission showed some groups agreed on proposals made by the Sepa Council in June to have a different end date for credit and debit transfer migration, while others prefer a single end date, and others no end date at all.
- James Bullard on 2% rates, tariffs and Fed leadership
- Turkish central bank raises overnight rates in bid to stop lira’s fall
- Podcast: David Hendry and John Muellbauer on empirical macro
- Policies must change to stop emerging markets crisis, analysts say
- Next financial crisis “will be brewing” in shadow banking – Bullard