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| The creation of a Single European Payment Area
in the European Union has given rise to new initiatives and discussion.
In this march towards the harmonisation of payment systems between
Member States, the European Commission and the European Parliament
also have the support of the European Payments Council, a proactive
body established in June 2002. The following feature presents the
challenges facing Payment systems in Europe, and the work by the EPC
and European bodies. |
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