We cannot assume implementation over night but we do not have another 30 years to complete the euro introduction. Hence, SEPA payments instruments (SCT and SDD) must become the payments instruments for euro payments fully replacing national legacy instruments. Since the publication of the sixth SEPA progress report in November 2008, a number of major milestones have been reached in the SEPA project.
First of all, on average, economic growth leads to improvements in people's living standard as well as nutrition and sanitation levels. Income such as wages, interest, and dividends comes from national output; that is, GDP. Without GDP growth, people's income will not increase.