Sunday

31st May 2020

Single number to report lost credit cards

In future people all over Europe wanting to cancel their lost credit card may only have to remember one telephone number.

The European Commission has launched an on-line consultation to find out if people are satisfied with existing card ‘blocking’ services and whether a new pan-European service is needed.

Read and decide

Join EUobserver today

Support quality EU news

Get instant access to all articles — and 20 years of archives. 14-day free trial.

... or subscribe as a group

At the moment there are many different phone numbers in Europe for cancelling lost and stolen cards - sometimes even more than one within one country.

Under the planned system, people would be able to get in touch with their bank from anywhere in the EU, by using the same number.

The Commission believes that having one number would speed up the notification process. They say it is not always easy to know which number to call, particularly when travelling abroad or distressed.

"In parallel with improved security for electronic payments, we need to explore ways to make the reporting of lost and stolen cards more efficient", said internal market commissioner Frits Bolkestein.

Consumers need to be convinced that electronic payments are safe and easy to use without problems, the commissioner added.

According to a recent Eurobarometer survey, 83 percent of EU citizens think that introducing a single number would be an effective measure. About half of those questioned were even prepared to pay for such a service.

This consultation is open via the Commission's "Your Voice in Europe" internet site and will run until 30 April 2004.

Coronavirus

Spain takes 'giant step' on guaranteed minimum income

The minimum income guarantee was a condition included in the coalition agreement between the Socialists and the leftist group Unidas Podemos, after the indecisive results of the November national elections.

Vestager hits back at Lufthansa bailout criticism

Commission vice-president in charge of competition Margarethe Vestager argued that companies getting large capital injections from the state during the corona crisis still have to offset their competitive advantage.

EU Commission aspires for treaty change on health

The European Commission has proposed a €9.4bn stand-alone programme dedicated to health known as EU4Health. The proposal is touted as a first step towards a possible Treaty change when it comes to health.

Green Deal

EU Commission: Five-fold aid increase for fossil-fuel regions

The European Commission's recovery package increases five-fold the Just Transition Fund, which aims to support the transition of fossil fuel-dependent regions. But commission vice-president Frans Timmermans warned the allocation of funds could be anchored to Green Deal commitments.

Investigation

France opposed guidelines on EU presidency sponsorships

Internal document shows diplomats questioned whether the secretariat of the Council of the EU was legally allowed to write guidelines on the financing of the six-month rotating EU presidency activities.

News in Brief

  1. Orban calls EU Commission recovery plan 'absurd'
  2. ABBA's Björn new president of authors' rights federation
  3. Malta and Libya to create anti-migrant 'units'
  4. France reopening bars and parks next week
  5. EU wants more money to hedge against hard Brexit
  6. UK needs to move in negotiations, EU trade official says
  7. Germany seeks EU sanctions on Russia spy-chief
  8. EU extends sanctions against Syrian regime

Column

Hawks to doves? Germany's new generation of economists

For many Europeans, Angela Merkel's change looked sudden. But the groundwork started two years ago. Germany slowly ripened for the Merkel-Macron plan. This explains why it didn't meet massive public resistance in Germany.

Stakeholders' Highlights

  1. UNESDAHow reducing sugar and calories in soft drinks makes the healthier choice the easy choice
  2. Nordic Council of MinistersGreen energy to power Nordic start after Covid-19
  3. European Sustainable Energy WeekThis year’s EU Sustainable Energy Week (EUSEW) will be held digitally!
  4. Nordic Council of MinistersNordic states are fighting to protect gender equality during corona crisis
  5. UNESDACircularity works, let’s all give it a chance
  6. Nordic Council of MinistersNordic ministers call for post-corona synergies between economic recovery and green transition

Latest News

  1. Spain takes 'giant step' on guaranteed minimum income
  2. Vestager hits back at Lufthansa bailout criticism
  3. EU Commission aspires for treaty change on health
  4. Did Russia get Nato's cosmic-level secrets?
  5. EU Commission: Five-fold aid increase for fossil-fuel regions
  6. France opposed guidelines on EU presidency sponsorships
  7. China's post-Covid 19 'techno-nationalist' industrial policy
  8. EU Commission's €1.85trn recovery package - key points

Join EUobserver

Support quality EU news

Join us