Demand for cars has been brought forward for a year and half since the introduction of subsidies in April 2009, so the decline in car sales is likely to continue. That being said, though, one would expect the negative impact on the economy to be greatest immediately after the expiration of subsidies and to subsequently ease gradually.
BIS central bankers’ speeches  1    To enhance communication among stakeholders regarding NPS matters. Better communication improves the understanding of payment system stakeholders of the multifaceted nature of the payment system, which is complex and at times appears to be misunderstood.   To participate in international workgroups and forums.