Economic developments and monetary policy Incoming data confirm that the recovery in the euro area is progressing moderately. So far, economic activity in the euro area has shown some degree of resilience in the face of external influences that tend to weaken demand. While external demand has receded, euro area exports market shares have increased.
You will not only have to facilitate internal dissemination of information on the RTGS System, but will also need to ensure complete infrastructural and human resources readiness including connectivity and security at your respective ends, so that the RTGS facilities could percolate to the ordinary customers. I appreciate that all of you have initiated necessary actions.