Moreover, European market integration is about growth, development and more business opportunities; Both T2S and SEPA have the potential to change and improve the way business is organised for cross border transactions. They will significantly facilitate to offer services abroad and thus introduce competition in a market segment where competition has been limited so far.
Universally, it is hard to determine when that “temporary” impact will come to an end as there are a lot of factors that come into play at almost the same time. In Fiji, the big increase in food inflation from June 2010 to June 2011 to 11.3 percent was attributed to many factors.