Ralf Ohlhausen and Michael Salmony discuss the options of making European payments great again (MEPGA). They explore the challenges and opportunities presented by various payment solutions, including the European Payments Initiative (EPI), Open Banking, EMPSA, and the potential impact of Central Bank Digital Currencies (CBDC). The conversation emphasizes the need for a cohesive strategy to enhance payment systems across Europe while addressing the complexities of multiple initiatives and regulatory environments.