Ukraine Takes First Step Toward Joining Single Euro Payment Area
Ukraine’s parliament passed a bill on joining the Single Euro Payment Area (SEPA) in its first reading on Nov. 10. The Finance Ministry says membership will speed up payments and save the Ukrainian economy €70-100 million in banking fees. The bill also raises the financial monitoring threshold and is a condition for EU and World Bank support.
We haven't written up this one. Kyiv Post has the full story — the link below goes straight to it.
