SINGLE EURO PAYMENTS AREA (SEPA) – STRATEGIC VALUE ON THE HIGH DEGREE OF INTEROPERABILITY FOR ALL ACTIVE PARTICIPANTS IN THE FINANCIAL TRANSACTION MARKET
The introduction of euro currency in 1999 paved the way for policymakers - EU governments, the European Parliament, the European Commission and the European Central Bank - to adopt the SEPA initiative. This is a complex process that aims to integrate the euro payments market, integration that also...
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Format: | Article |
Language: | English |
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Sciendo
2014-09-01
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Series: | Studia Universitatis Vasile Goldis Arad, Seria Stiinte Economice |
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Online Access: | http://publicatii.uvvg.ro/index.php/studiaeconomia/issue/viewIssue/1/2 |
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author | Laurentiu Dumitru Andrei Petre Brezeanu |
author_facet | Laurentiu Dumitru Andrei Petre Brezeanu |
author_sort | Laurentiu Dumitru Andrei |
collection | DOAJ |
description | The introduction of euro currency in 1999 paved the way for policymakers - EU governments, the European Parliament, the European Commission and the European Central Bank - to
adopt the SEPA initiative. This is a complex process that aims to
integrate the euro payments market, integration that also takes into account Romanian State Treasuries as payment service providers for local and central public administrations.
In this context, premises were created for developing an integrated financial market that would allow a better use of capital and an accelerating economic development in the EU. |
first_indexed | 2024-04-13T13:12:19Z |
format | Article |
id | doaj.art-de9085d23b774630955191a3dbc4549e |
institution | Directory Open Access Journal |
issn | 1584-2339 2285-3065 |
language | English |
last_indexed | 2024-04-13T13:12:19Z |
publishDate | 2014-09-01 |
publisher | Sciendo |
record_format | Article |
series | Studia Universitatis Vasile Goldis Arad, Seria Stiinte Economice |
spelling | doaj.art-de9085d23b774630955191a3dbc4549e2022-12-22T02:45:35ZengSciendoStudia Universitatis Vasile Goldis Arad, Seria Stiinte Economice1584-23392285-30652014-09-01241115SINGLE EURO PAYMENTS AREA (SEPA) – STRATEGIC VALUE ON THE HIGH DEGREE OF INTEROPERABILITY FOR ALL ACTIVE PARTICIPANTS IN THE FINANCIAL TRANSACTION MARKETLaurentiu Dumitru Andrei0Petre Brezeanu1University of Economic Studies Bucharest, RomaniaUniversity of Economic Studies, RomaniaThe introduction of euro currency in 1999 paved the way for policymakers - EU governments, the European Parliament, the European Commission and the European Central Bank - to adopt the SEPA initiative. This is a complex process that aims to integrate the euro payments market, integration that also takes into account Romanian State Treasuries as payment service providers for local and central public administrations. In this context, premises were created for developing an integrated financial market that would allow a better use of capital and an accelerating economic development in the EU.http://publicatii.uvvg.ro/index.php/studiaeconomia/issue/viewIssue/1/2European integrationpayment systemsscale economiesefficiencycompetitionfinancial marketsRegulationSingle Euro Payments Area (SEPA) |
spellingShingle | Laurentiu Dumitru Andrei Petre Brezeanu SINGLE EURO PAYMENTS AREA (SEPA) – STRATEGIC VALUE ON THE HIGH DEGREE OF INTEROPERABILITY FOR ALL ACTIVE PARTICIPANTS IN THE FINANCIAL TRANSACTION MARKET Studia Universitatis Vasile Goldis Arad, Seria Stiinte Economice European integration payment systems scale economies efficiency competition financial markets Regulation Single Euro Payments Area (SEPA) |
title | SINGLE EURO PAYMENTS AREA (SEPA) – STRATEGIC VALUE ON THE HIGH DEGREE OF INTEROPERABILITY FOR ALL ACTIVE PARTICIPANTS IN THE FINANCIAL TRANSACTION MARKET |
title_full | SINGLE EURO PAYMENTS AREA (SEPA) – STRATEGIC VALUE ON THE HIGH DEGREE OF INTEROPERABILITY FOR ALL ACTIVE PARTICIPANTS IN THE FINANCIAL TRANSACTION MARKET |
title_fullStr | SINGLE EURO PAYMENTS AREA (SEPA) – STRATEGIC VALUE ON THE HIGH DEGREE OF INTEROPERABILITY FOR ALL ACTIVE PARTICIPANTS IN THE FINANCIAL TRANSACTION MARKET |
title_full_unstemmed | SINGLE EURO PAYMENTS AREA (SEPA) – STRATEGIC VALUE ON THE HIGH DEGREE OF INTEROPERABILITY FOR ALL ACTIVE PARTICIPANTS IN THE FINANCIAL TRANSACTION MARKET |
title_short | SINGLE EURO PAYMENTS AREA (SEPA) – STRATEGIC VALUE ON THE HIGH DEGREE OF INTEROPERABILITY FOR ALL ACTIVE PARTICIPANTS IN THE FINANCIAL TRANSACTION MARKET |
title_sort | single euro payments area sepa strategic value on the high degree of interoperability for all active participants in the financial transaction market |
topic | European integration payment systems scale economies efficiency competition financial markets Regulation Single Euro Payments Area (SEPA) |
url | http://publicatii.uvvg.ro/index.php/studiaeconomia/issue/viewIssue/1/2 |
work_keys_str_mv | AT laurentiudumitruandrei singleeuropaymentsareasepastrategicvalueonthehighdegreeofinteroperabilityforallactiveparticipantsinthefinancialtransactionmarket AT petrebrezeanu singleeuropaymentsareasepastrategicvalueonthehighdegreeofinteroperabilityforallactiveparticipantsinthefinancialtransactionmarket |