CEDA has, for half a century, sought to promote informed discussion and balanced development of the Australian economy. That long-run perspective is never more important than at times like the present, when a cyclical event is under way and confidence tends, understandably, to wane. The global economy is at an important juncture.
The ECB continues to stand ready to support the banking industry in this task. Closing remarks  To conclude – SEPA is a far reaching initiative. It will reshape the market for retail payments in Europe. SEPA is a promise – stalling does not lead anywhere and operating many parallel systems is costly.