* Single Euro Payments Area (SEPA) The Single Euro Payments Area (SEPA) is fully operational in all eurozone countries on 1st August 2014. Check here and here for more. ——————————————————————————————————————————————–— * Lithuania to Join Euro Area EU Council formally approved the accession of Lithuania to the euro area and single supervisory mechanism (SSM) on 1 January 2015. Read more here. ——————————————————————————————————————————————–— * Southern African Region and the EU – EPA The European Union and the Southern African Development Community (SADC) EPA Group (Botswana, Lesotho, Mozambique, Namibia, South Africa and Swaziland) concluded negotiations for an Economic Partnership Agreement (EPA). For more information click here.