However, the average of GDP and GDI growth has still slowed recently from an average annual rate of 2-1/2 percent from the third quarter of 2013 to the third quarter of 2015 to an average of 1-1/2 percent in the past two quarters.
All euro payments will be “domestic”; finally, there will be no difference between sending a payment from Rome to Dublin or from Brussels to Antwerp. We can now make payments not only with euro notes and coins, but harmonised electronic payments by European credit transfer, direct debit and payment card as well.