’ financial literacy; reduce information asymmetry and stimulate competition in the banking sector; increase consumers’ trust in …

while SEPA is an important policy initiative that harmonizes payment methods across the EU, it alone is not enough. Vigorous … competition and consumer protection policies as well as direct interventions discouraging large value cash payments would be …

model of spatial bank competition to understand better the economic foundations of the Single Euro Payments Area (SEPA). An … economic research perspective on the mostly informal policy debates about SEPA is developed. The analysis suggests that … expectations about the positive effects of SEPA may be exaggerated as most channels for enhancing public welfare seem rather weak …

central bank, strengthening competition policy in the banking sector, limiting banks' dividend distributions, improving …

-based approach that reflects its belief in the power of markets and competition to produce increasingly better outcomes for consumers …