Targeting is the easy half of the problem. The harder half is a payments and eligibility system that reaches households with irregular income, no fixed address and limited digital access — the exact group the framework claims to protect. Three earlier attempts stalled at that step.
A decade of bilateral interconnections is starting to behave like a single market. What is still missing is a settlement mechanism neutral enough for every member state to trust it during a supply shock.
Targeting is the easy half of the problem. The harder half is a payments and eligibility system that reaches households with irregular income, no fixed address and limited digital access — the exact group the framework claims to protect. Three earlier attempts stalled at that step.
A decade of bilateral interconnections is starting to behave like a single market. What is still missing is a settlement mechanism neutral enough for every member state to trust it during a supply shock.
Targeting is the easy half of the problem. The harder half is a payments and eligibility system that reaches households with irregular income, no fixed address and limited digital access — the exact group the framework claims to protect. Three earlier attempts stalled at that step.
A decade of bilateral interconnections is starting to behave like a single market. What is still missing is a settlement mechanism neutral enough for every member state to trust it during a supply shock.
Targeting is the easy half of the problem. The harder half is a payments and eligibility system that reaches households with irregular income, no fixed address and limited digital access — the exact group the framework claims to protect. Three earlier attempts stalled at that step.
A decade of bilateral interconnections is starting to behave like a single market. What is still missing is a settlement mechanism neutral enough for every member state to trust it during a supply shock.
Targeting is the easy half of the problem. The harder half is a payments and eligibility system that reaches households with irregular income, no fixed address and limited digital access — the exact group the framework claims to protect. Three earlier attempts stalled at that step.
A decade of bilateral interconnections is starting to behave like a single market. What is still missing is a settlement mechanism neutral enough for every member state to trust it during a supply shock.
Targeting is the easy half of the problem. The harder half is a payments and eligibility system that reaches households with irregular income, no fixed address and limited digital access — the exact group the framework claims to protect. Three earlier attempts stalled at that step.
A decade of bilateral interconnections is starting to behave like a single market. What is still missing is a settlement mechanism neutral enough for every member state to trust it during a supply shock.
