The media in some countries report that bank customers cling to familiar national payment instruments and national account numbers, which they are loath to change. However, if change is made mandatory, as was the case with the cash changeover to the euro, the process is often even faster than necessary.
The second most important external factor for the Mexican economic outlook is the evolution of the eurozone. The European Monetary Union continues to face significant challenges stemming from a negative feedback loop between bank fragilities and fiscal weaknesses. These struggles are a consequence of a long period of rising indebtedness on the part of the private and public sectors, especially in the peripheral countries.