The European Payments Council, as the decision-making body for the European payments industry, is expected to play its role. Several initiatives are already under way: •  SEPA online payments: Last December, the EPC agreed to work on a framework outlining the rules and standards relating to SEPA online payments.
The most recent World Economic Outlook from the International Monetary Fund (IMF), published in April, indicates that the global economy will regain positive momentum during the second half of this year. First, economic policy measures in China and other regions will gradually begin to take effect.