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...

Full description

Bibliographic Details
Main Authors: Laurentiu Dumitru Andrei, Petre Brezeanu
Format: Article
Language:English
Published: Sciendo 2014-09-01
Series:Studia Universitatis Vasile Goldis Arad, Seria Stiinte Economice
Subjects:
Online Access:http://publicatii.uvvg.ro/index.php/studiaeconomia/issue/viewIssue/1/2
_version_ 1811321175384522752
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