BIS central bankers’ speeches  3  •  Hence, smoothing interest payments over time (in particular over the period 2022– 2030), along the lines of the Eurogroup decision of 27 November 2012, will provide significant positive effects on growth and improve debt dynamics without imposing costs to creditors.
Introductory thoughts Information and communication technology is playing a vital role across many industries and sectors, resulting in a positive impact on economic development cutting across the geographical barriers.