The creation of the euro will one day be seen as a decisive step on the long path towards an “ever closer union” among the people of Europe. Since the introduction of the euro, fellow Europeans have enjoyed a level of price stability which previously had been achieved in only a few of the euro area countries.
8  [9]Schmiedel, H.; Kostova, G.: Ruttenberg, W. (2012): The Social and Private Costs of Retail Payment Instruments. ECB Occasional Paper Series No 137, Sept. 2012. http://www.ecb.int/pub/pdf/scpops/ ecbocp137.pdf  9  [10]Hughes, S.J. (2010): Payments Data Security Breaches and Oil Spills: What Lessons Can Payments Security Learn from the Laws Governing Remediation of the Exxon Valdez, Deepwater Horizon, and Other Oil Spills?