After all, it is clear that there is mounting demand for customer-friendly and widely useable payment services. That is why there are ongoing deliberations in Europe regarding the creation of a European payment solution.
As concerns about the extent of the downturn have mounted, euro-area governments have also turned to fiscal policy to support demand. Fiscal policy is providing support through automatic stabilizers and the use of government balance sheets to shore up the financial system, including capital injections to banks. In addition, many euro-area governments have taken discretionary measures to stimulate their economies.