Tumpel-Gugerell on the Single Euro Payments Area

In the speech 'Time to act: clear objectives and a convincing roadmap for the Single Euro Payments Area' given on 6 September, Gertrude Tumpel-Gugerell of the ECB said to achieve the Single Euro Payments Area, it's best for the European Payments Council to be in the driver's seat. The ECB will continue to watch closely where self-regulation will work, and where it has its limitations.

"I can assure you that we take our responsibility of promoting the efficiency of payment systems seriously. For

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