According to an annotated ECOFIN-agenda of our Ministry of Finance, the Council of Ministers of Finance will at the end of this month be involved in discussing the Eu-political orientation with respect to the Payment Services Directive. The published writing makes it clear that no final text exists. There is still no agreement on important parts of the Directive and the Ministry makes it clear that if innovation is stifled too much and if the regulatory barriers are too much, they will not support the proposal.
Then again, anyone who was entering negotiations at the end of the month would of course say they wouldn't be able to agree.
