Jeremy Fleming and Frédéric Simon

Euro & Finance 19-07-2013

Commission to go ahead with cap on card fees

The European Commission will table proposals next week (24 July) aimed at reducing the cost of using payment and credit cards for consumers. The draft regulation, seen by EURACTIV, will set new fee limits at 0.2% and 0.3% of the transaction value for debit cards and credit cards respectively.
Public Affairs 19-07-2013

Barnier slams ‘unacceptable’ MasterCard lobbying

The EU Commissioner for the internal market and services, Michel Barnier, told French journalists in Brussels yesterday (18 July), that he “was very struck by an unusual campaign – an American campaign” he faced from MasterCard.
Euro & Finance 24-05-2012

EU prepares for ‘new stage’ in economic union

European leaders will discuss plans for deeper economic integration in the euro zone at their next meeting in June, after an inconclusive summit yesterday (23 May) saw open divergences between France and Germany over ways to kick-start the EU's sluggish economy.