exemptions from strong customer authentication. in addition to these requirements, payment service providers applying the exemptions should perform the monitoring, as stated in article 21 of commission delegated regulation ( eu ) 2018 / 389, and make the results available to bnb upon request. charges on cross - border payments in euro and currency conversion charges regulation ( eu ) 2019 / 5183 introduces the requirement for payment service providers in non - euro area member states to levy equal charges for cross - border payments in euro and for corresponding national payments of the same value in the national currency of the respective member state. such a legal requirement has existed so far only in respect to equal charges for national and cross - border payments in euro. the requirement for equal charges will become mandatory for payment service providers as of 15 december, 2019. in addition to the requirement for equal charges, the new regulation envisages requirements with respect to currency conversion charges related to card payments and electronic credit transfers which are expected to increase transparency and to ensure comparability in cases where a payment service user is faced with a choice between currency conversion alternatives f. according to the requirements concerning currency conversion charges related to card payments, payment service providers and the parties providing currency conversion services at an automated teller machine ( atm ) or at the point of sale shall provide information prior to the initiation of the payment transaction for the total currency conversion charges expressed as a percentage mark - up over the latest available euro foreign exchange reference rates issued by the european central bank. in addition, the payer must also be provided, prior to the initiation of the payment transaction, with information about the amount to be paid to the payee in both the currency used by the payee and in the currency of the payer ’ s account. with regard to the requirements for currency conversion charges related to electronic credit transfers, payment service providers will be obliged to inform the payer prior to the initiation of the payment transaction about the expected currency conversion charges applied to the credit transfer, the expected amount of the credit transfer in the currency of the payer ’ s account, as well as about the expected amount which will be transferred to the payee in the currency used by the payee. payment service providers will have to apply these requirements as of 19 april 2020. 2 / 3 bis central bankers'speeches with regard to regulation ( eu ) 2019 / 518, regulation ( eu ) 2018 / 389 and the corrigendum of directive ( eu ) 2015 / 2366,

yannis stournaras : the acropolis of athens and contemporary europe speech by mr yannis stournaras, governor of the bank of greece, at the official dinner on the occasion of the ecb governing council meeting, athens, 25 october 2023. * * * dear prime minister mitsotakis, dear president lagarde, dear finance minister hatzidakis, dear colleagues and partners, it is a great pleasure to welcome you, the governing council of the ecb, to the bank of greece. it's been a long time, 15 years, since we last met here. what has happened since then is well known to all of us. it is now part of our shared history. what is important is that we are all now wiser, stronger, closer to each other, better prepared to tackle difficulties, more european. ladies and gentlemen, this room was designed to host esteemed guests like you, and is decorated with paintings made by some of the most important modern greek artists. but the most beautiful sight of this room you can see outside : it's the acropolis of athens, with the parthenon, its central temple. there's hardly an end to the list of things that one can say about the acropolis. the history, architecture and art of the monuments on this rocky hill have inspired many historians, artists and researchers. the parthenon was built between 447 and 438 bc, during the so - called " golden ge of pericles ", the athenian politician inextricably linked with the heyday of democracy demokratia ; literally, the power of the people - as a form of government that was destined to have a profound impact on the development of the western world. the acropolis is the most accurate reflection of the splendour, power and wealth of 5thcentury athens, a city - state at the peak of its glory. and it has the parthenon located at the most conspicuous point. the parthenon was dedicated to the goddess athena, who was much more than a patron goddess of athens. she was the apotheosis or deification of the athenian city. the parthenon was built by ictinus and callicrates, two famous architects of the time. its pedimental sculptures, frieze and metopes were the work of a team coordinated by master sculptor phidias. phidias also created the gold and ivory statue of athena