Source link : https://europ.info/2026/01/17/albania-moldova-montenegro-and-north-macedonia-join-sepa-schemes-as-pioneering-enlargement-partners/
The European Commission has officially welcomed Albania, Moldova, Montenegro, and North Macedonia as the first Enlargement partners to join the Single Euro Payments Area (SEPA) schemes. This milestone marks a significant step towards deeper financial integration between the EU and its Eastern Neighbourhood, facilitating smoother, faster, and more secure cross-border euro payments for businesses and citizens alike. The move underscores the Commission’s commitment to strengthening economic ties and supporting the enlargement agenda within the region.
Commission Welcomes Albania Moldova Montenegro and North Macedonia into SEPA Schemes Marking Major Step in Regional Integration
The integration of Albania, Moldova, Montenegro, and North Macedonia into the SEPA (Single Euro Payments Area) schemes marks a significant milestone in enhancing financial cohesion across the region. This strategic move facilitates seamless euro-denominated transactions, reducing costs and promoting efficiency for citizens and businesses alike. By aligning with SEPA’s unified standards, these countries will now benefit from faster, safer, and more transparent payment systems, fostering deeper economic ties with EU member states and supporting their path toward closer cooperation within the European framework.
Key advantages of joining SEPA include:
- Streamlined cross-border payments with the same ease as domestic transactions
- Improved access to EU financial markets for businesses and…
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Author : Victoria Jones
Publish date : 2026-01-17 00:55:00
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