What are the prospects for the sub-prime mortgage markets? Recall that the typical fixedrate period for adjustable-rate mortgages is two to three years, after which they are reset and tied to one of a number of common indices, which are closely related to market interest rates.
The recent events in the Crimea and in eastern Ukraine, for example, have led to a massive increase in demand for euro banknotes from Russia in recent months. The statistics probably only show a portion of the euro banknote flows, namely only those that are handled by the banking system.