Dual-network debit cards and least-cost routing The second issue is dual-network debit cards and least-cost routing. The Board has long held the position that merchants should have the freedom and the capability to route debit card transactions through the lower-cost network. The Government and a wide 4/6  BIS central bankers' speeches  range of stakeholders have a similar view.
Europe continues to struggle to find the appropriate policy balance – between the short-run remedy to stop the contagion and the long-term cure to ensure sustainable growth. Today, the market welcomed the results of the Greek vote.