This success has helped to contribute to a tendency for the fluctuations in employment and output to be lower than in the past and a reduction in the frequency and severity of recessions.
We are ready to start the next phase of the project immediately after the – hopefully – positive decision of the Governing Council in order to meet the next milestone: defining the next level of the detail in the form of the general functional specification. This will make it possible for T2S to be live no later than 2013.