Central Banking

ECB warns of "downbeat attitude" on SEPA

The European Central Bank has published its sixth progress report on the implementation of the Single Euro Payments Area.

The report notes: "Despite mostly positive developments since the publication of the 5th Progress Report in July 2007, the eurosystem has observed that motivation for the project has been fading away among market participants, and that the constructive spirit of the preparation phase has turned into a downbeat attitude."

The report proceeds to identify and discuss ten areas

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

FedNow – at last

The instant payment system might help fix the US’s rusty payment rails, but it also faces competition, says Dave Birch

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account