[9] For electronic and large-value transactions, details should be available to intermediaries. But privacyenhancing techniques could still ensure a high level of privacy. For example, the identity of users could be kept separate from payment data, allowing only financial intelligence units to obtain this information and identify the payer and payee when suspicious activity is detected.
In particular, in April 2022 the Economic Sentiment Indicator for the euro area declined significantly (from 114.5 in February 2022 to 105 in April), driven by worsening confidence in industry, services, retail trade and construction, and among consumers. 22.