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Considering we are now in a trade war with the deranged lunatic fascist regime in the US, we in Europe need a real alternative to the American corporations Visa Inc. and Mastercard.
This needs to be ordered by the Commission or the Parliament to the ECB asap.
Also, a system this central & vital to the economy working ought to be arms-length owned and run by the ECB.
Absolutely. And it needs to be available world-wide, not just inside the E.U. or Europe. Every country trying to avoid control by the USA will need into it.
And not just arm's-length -- it should be a nonprofit or whatever the E.U. equivalent of a public benefit corporation is.
EuroCard? EuroCredit? LibreCard... I like the sound of that one.
@cazabon
Minor side point:
The legal systems of EU countries are pretty far apart. Equivalents might differ a lot per country, including not exist.