The Baltic Course

Good for Business Good for Business

It is planned that payments will be start to be made in real time by the end of 2017

It is planned that payments will be start to be made in real time by the end of 2017

08.12.2016.

At a meeting of the Estonian Payment Environment Forum in Eesti Pank, the commercial banks confirmed that interbank payments have been being made earlier in the morning since 21 November 2016. Clients can now receive payments to their accounts from another bank earlier on the mornings of working days than before. This is one of the biggest changes affecting the speed of payments since the Estonian banks joined the Single Euro Payment Area (SEPA).

Keyword tags: Analytics, Banks, Estonia, Financial Services, Good for Business, Innovations, Internet


Round Table Round Table

Spring 2016 European Semester package: country-specific recommendations

Spring 2016 European Semester package: country-specific recommendations

23.05.2016.

Commission proposed (18 May) its 2016 country-specific recommendations (CSRs), setting out economic policy guidance for all EU states for the next 12-18 months. In addition to efforts already identified in EU-2020 strategy, this economic guidance instrument focuses on priority reforms to strengthen the recovery of EU-28 economies by boosting investment, implementing structural reforms and pursuing fiscal responsibility.

Keyword tags: Analytics, Education and Science, EU – Baltic States, Financial Services, Latvia, Legislation, Round Table


Search site