Correspondingly, the free fall of energy prices and the decrease of economic activity slashed down inflation significantly in 2009, pushing the inflation rate even into negative territory for a couple of months. More recently, price developments have somewhat normalized, staying in line with the ECB’s aim of keeping inflation rates below, but close to, 2% over the medium term.
Secondly, the National Electronic Funds Transfer needs to connect almost all branches in the country using the SFMS and the INFINET. The third is enhancing the level of security in the Payment and Settlement System.