To encourage the market to move ahead, the European Commission and the European Central Bank have proposed an interim solution. The objective of the interim solution is to have, right from the start, a level playing-field in place for the both the SDD scheme and the national, legacy direct debit schemes.
Increasing the flexibility of labour and product markets and furthering economic integration Well-functioning, integrated markets are required in order to meet the challenges posed by greater innovation and increase the adjustment capacity of an economy. For this to happen, labour markets need to be flexible.