Wednesday, December 03, 2003

Letter about payments issues to parliament

Today, the Ministry of Finance released its promised progress report on payments and sent it to Parliament. Some topics of interest:

- increased attention will be paid to the falsifications of the euro; the central bank will do a renewed campaign to make sure the public knows and uses the safetu features of bank notes,

- the change-over of contracts between retailers and Interpay to the retailers and their banks will take effect on March 1, 2004.