Tourism, however, has picked up strongly and the declines in earnings from remittances are slowly reversing. The other exports, of course, are heavily dependent on the global recovery. There are now definite signs of recovery in our major trading partner economies, and if this continues, I am quite confident that most of our exports should start recovering gradually from this year.
That is why the Eurosystem welcomes innovation in all areas and why it will continue to stay abreast of changes in the market in order to ensure it is delivering the safest, most efficient infrastructure possible. 2  BIS central bankers’ speeches