Analiza efectelor Zonei Unice de Plati in Euro in contextul crizei financiare internationale

Analyzing Single Euro Payments Area effects under the international financial crisis

Andreea Avadanei

MPRA Paper from University Library of Munich, Germany

Abstract: The scope of this article is to underline the overall economic impact of Single Euro Payments Area adoption upon the major players in the payments industry. Our study is structured on chapters that present the implications of SEPA on the banking industry, the project’s consequences in respect to European corporate bodies and its effects on small and medium-size enterprises in the context of the international financial crisis. SEPA is needed to ensure the new modern payment platform that can enable Europe to move beyond basic services, increase payments efficiency, embrace innovation and integrate further services in the trade process. Today, the turbulent market conditions could have the effect of accentuating rather than reducing the business case imperative and momentum to achieving full SEPA implementation.

Keywords: Single Euro Payments Area; banks; corporate bodies; small and medium-sized enterprises; financial crisis. (search for similar items in EconPapers)
JEL-codes: E42 G01 G15 G21 G34 (search for similar items in EconPapers)
Date: 2010-12
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:31299

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