New investment projects will also boost productivity, production capacities, as well as the production and export of higher value-added goods and the reduction of the import component of exports. 3. Third, we expect the share of fixed investment in GDP to go up on these grounds and to soon exceed 25%, staying above that level in the medium term.
The introduction of euro banknotes provided an excellent opportunity for the NBB to modernise and reengineer its IT-application for cash handling. The goal was twofold: first of all, to manage cash flows more efficiently, both within the central bank and between the central bank and its main customers, financial institutions and cash transport firms; and secondly, to improve the security of these cash transactions.