With the realisation of the Single Euro Payments Area (SEPA), there will be no difference in the euro area between national and cross-border retail payments. SEPA is aimed at fostering competition and innovation, and improving conditions for customers. This requires concerted efforts from...

This report is the 17th edition of the TARGET Annual Report. The first edition was published in 2000, covering TARGET's first year of operation (1999). As in previous years, the report presents the main facts relating to the TARGET system, taking into account the developments which took place in...

This report is the sixteenth edition of the TARGET Annual Report. The first edition was published in 2000, covering TARGET's first year of operation (1999). As in previous years, the report presents the main facts relating to the TARGET system, taking into account the developments which took...