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EU Initiates New Proceedings Against Austria: Delays in Payment Services and Drinking Water
The European Commission has initiated two further infringement proceedings against Austria and several other Member States. The reason for this is that Vienna is lagging in the correct implementation of EU directives in the areas of payment services and drinking water.
The European Union launched two further infringement proceedings against Austria and other Member States. / Picture: © Flickr / Dimitar Nikolov / [CC BY-SA 2.0(https://creativecommons.org/licenses/by-sa/2.0/)]
The proceedings concern amendments to the Directive on settlement finality and the Second Payment Services Directive (PSD2), as well as the recast of the Drinking Water Directive. Austria and seven other EU countries are behind schedule in adapting the payment services directives.
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The aim of the amendments to the Payment…
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