The document provides an overview of the European banknote industry. It discusses production and circulation trends for euro banknotes and coins from 2006-2010. Key points include a fall in banknote production in 2010 compared to previous years, with higher growth rates for €50 and €100 notes. Euro cash in circulation continued rising even outside the Eurozone. Issues discussed include the threat of counterfeiting and a small decline in counterfeit euro notes in the first half of 2010. The document also covers population trends, with immigration to Europe falling in recent years due to economic conditions.
This document discusses the advantages of having a direct mail production partner and best practices for direct mail production. It summarizes that a production partner can provide experience, manage coordination of all parties, and help avoid issues. It outlines mail date schedules and the many facets of direct mail production such as creative, print, data processing, personalization, and postal work. It provides best practices for each area as well as tips for cost savings without sacrificing quality. It emphasizes the importance of seamless integration across mailing, campaign, and program channels both online and offline.
This document provides an overview of different types of conventional printing and digital printing, as well as tips for printing projects. It discusses sheetfed printing, web printing, and envelopes. For web printing, it describes various inline finishing capabilities like plow folding, die cutting, and 4-color process imaging. The document also provides tips for providing specifications, avoiding problems, cutting costs without sacrificing quality, and involving printing suppliers. Finally, it discusses digital and variable content printing, including hybrid conventional/digital workflows and complex variable data projects.
GSSC has provided patented security technology to protect printed documents and products for over 30 years, embedding encrypted data in a variety of media that can be decoded optically or digitally to authenticate items and detect tampering. Their proprietary Scrambled Indicia technology personalizes images with variable information to uniquely identify documents. GSSC works with governments, corporations, and other organizations around the world to integrate unobtrusive security features across various printing processes.
This document provides details for an auction of U.S. and worldwide banknotes, scripophily, and security printing ephemera to be held by Archives International Auctions on February 23, 2016. The auction will have two sessions - a live catalog auction in the morning and a live internet only auction in the afternoon. The document outlines the lots, schedules, and locations. It also provides contact information for Archives International Auctions and bidding instructions.
Digital prints can be created from digital files using various printing processes and substrates. The document summarizes the history and technologies of digital prints, including inkjet, electrophotography, dye sublimation, and digitally exposed photo papers. It also discusses considerations for identifying process and preserving digital prints, such as light sensitivity of dyes, paper properties, and potential deterioration issues like fading, yellowing, and cracking.
This document discusses biometrics authentication using physical and behavioral traits for security. Biometrics can identify users by their fingerprints, iris scans, facial recognition, voice patterns, and other characteristics. Popular biometric systems include fingerprint scanners, iris scans, and facial recognition. Biometric templates, which translate characteristics into codes, range in size from 9 bytes for hand geometry to 84 bytes to 2k for facial recognition. The document explores how biometric authentication works and is becoming more common for both commercial and personal use.
The document provides descriptions of 18 artworks in Princess Jones's portfolio from 2012-2014. The artworks use a variety of materials including cotton fabric, muslin, polyester, paper, magazine pages, newspaper, fabric, thread, and rope. The pieces cover a range of techniques including dyeing with MX dyes, heat transfer dyes, paper dress patterns, woven magazine pages, and threaded fabric strips. The artworks explore themes of emergence, abstraction, scales, underwater scenes, and hanging by threads.
El documento identifica factores como el entorno y la influencia social que contribuyen al consumo de la sustancia psicoactiva bazuco en niños de 13 a 17 años en el Colegio Agroecológico en Paujil, Colombia. El objetivo es concientizar a esta población infantil sobre los daños del consumo de bazuco mediante talleres participativos y analizar la conducta de los niños consumidores. La investigación empleará métodos cuantitativos como encuestas y cualitativos como observación para estudiar los efectos dañinos del bazuco y re
This document discusses the advantages of having a direct mail production partner and best practices for direct mail production. It summarizes that a production partner can provide experience, manage coordination of all parties, and help avoid issues. It outlines mail date schedules and the many facets of direct mail production such as creative, print, data processing, personalization, and postal work. It provides best practices for each area as well as tips for cost savings without sacrificing quality. It emphasizes the importance of seamless integration across mailing, campaign, and program channels both online and offline.
This document provides an overview of different types of conventional printing and digital printing, as well as tips for printing projects. It discusses sheetfed printing, web printing, and envelopes. For web printing, it describes various inline finishing capabilities like plow folding, die cutting, and 4-color process imaging. The document also provides tips for providing specifications, avoiding problems, cutting costs without sacrificing quality, and involving printing suppliers. Finally, it discusses digital and variable content printing, including hybrid conventional/digital workflows and complex variable data projects.
GSSC has provided patented security technology to protect printed documents and products for over 30 years, embedding encrypted data in a variety of media that can be decoded optically or digitally to authenticate items and detect tampering. Their proprietary Scrambled Indicia technology personalizes images with variable information to uniquely identify documents. GSSC works with governments, corporations, and other organizations around the world to integrate unobtrusive security features across various printing processes.
This document provides details for an auction of U.S. and worldwide banknotes, scripophily, and security printing ephemera to be held by Archives International Auctions on February 23, 2016. The auction will have two sessions - a live catalog auction in the morning and a live internet only auction in the afternoon. The document outlines the lots, schedules, and locations. It also provides contact information for Archives International Auctions and bidding instructions.
Digital prints can be created from digital files using various printing processes and substrates. The document summarizes the history and technologies of digital prints, including inkjet, electrophotography, dye sublimation, and digitally exposed photo papers. It also discusses considerations for identifying process and preserving digital prints, such as light sensitivity of dyes, paper properties, and potential deterioration issues like fading, yellowing, and cracking.
This document discusses biometrics authentication using physical and behavioral traits for security. Biometrics can identify users by their fingerprints, iris scans, facial recognition, voice patterns, and other characteristics. Popular biometric systems include fingerprint scanners, iris scans, and facial recognition. Biometric templates, which translate characteristics into codes, range in size from 9 bytes for hand geometry to 84 bytes to 2k for facial recognition. The document explores how biometric authentication works and is becoming more common for both commercial and personal use.
The document provides descriptions of 18 artworks in Princess Jones's portfolio from 2012-2014. The artworks use a variety of materials including cotton fabric, muslin, polyester, paper, magazine pages, newspaper, fabric, thread, and rope. The pieces cover a range of techniques including dyeing with MX dyes, heat transfer dyes, paper dress patterns, woven magazine pages, and threaded fabric strips. The artworks explore themes of emergence, abstraction, scales, underwater scenes, and hanging by threads.
El documento identifica factores como el entorno y la influencia social que contribuyen al consumo de la sustancia psicoactiva bazuco en niños de 13 a 17 años en el Colegio Agroecológico en Paujil, Colombia. El objetivo es concientizar a esta población infantil sobre los daños del consumo de bazuco mediante talleres participativos y analizar la conducta de los niños consumidores. La investigación empleará métodos cuantitativos como encuestas y cualitativos como observación para estudiar los efectos dañinos del bazuco y re
In the Middle of Printers: (In)security of Pull Printing SolutionsPositive Hack Days
This document summarizes three examples of security assessments of pull printing solutions. In each example, the assistant found vulnerabilities like weak encryption, lack of authentication, and ability to tamper with job accountability data. Vendors were generally responsive when notified, with one example fixing issues within a few days. The document provides best practices for developers to use strong encryption and authentication in proprietary protocols. It also gives tips for testers and owners to help secure pull printing deployments.
In business since 1998, Las Vegas, Nevada-based Iconographs is the largest dealer of hand-signed celebrity autographs and movie memorabilia on the Internet. Iconographs also serves as a registered autograph dealer with the Universal Autograph Collector’s Club (UACC), which conducts handwriting analyses through its signature studies series and provides reports regarding the rarity of authentic signatures by various celebrity figures.
There are several types of printing methods described in the document. Traditional methods include etching, linocut, woodcut, lithography, letterpress and gravure. Each have advantages like being suitable for mass production or high quality images, but can also be time consuming or difficult. Modern digital methods discussed are photocopying, laser printing, inkjet printing and desktop publishing. Laser printing provides high quality color printing while inkjet is fast but expensive. Desktop publishing allows individuals to self-publish using page layout software. Overall, different printing methods have tradeoffs between speed, cost and image quality.
SIFS INDIA provides forensic education and services in India, including questioned document examination. This course introduces questioned document examination, which analyzes disputed documents using scientific methods. It will cover topics like handwriting analysis, methods of forgery, examining typewriting and other documents. The course is offered online or through distance learning, and eligibility depends on the level of certification sought. It aims to provide career opportunities in fields like forensics, law enforcement, and banking.
Handwriting recognition on Livescribe smartpenLong Ly
The Livescribe smart pen uses an infrared camera to capture handwritten notes on dot paper and link them to audio recordings. It has an OLED display, ARM CPU, and 1GB of storage. The dot pattern contains invisible microdots that allow the pen to identify the page, segment, shelf and book. Applications can be built to interact with active regions on the paper. The pen recognizes handwriting in real time using feature extraction, segmentation, character and language experts to support multiple languages. It has applications for students, journalists, businesses and developers can create their own apps.
Handwriting is called "brain writing" as it activates more areas of the brain than speaking. Graphology is the science of analyzing personality from handwriting. Handwriting analysis can provide insights into one's strengths, weaknesses, personality traits, and tendencies. It has various applications such as self-understanding, understanding others, career guidance, and recruitment. Power of Handwriting offers training programs in graphology for individuals, educational institutions, and corporations.
Art conservation involves the preservation and protection of cultural heritage objects through scientific and artistic methods. Conservation aims to stabilize objects, prevent further deterioration, and restore them when necessary so they can be experienced by current and future generations. Conservation requires expertise in fine art, art history, science, and materials analysis to understand objects and address damage or degradation while respecting their integrity. Common conservation treatments include consolidation, stabilization, inpainting, cleaning, and repair. The field draws from diverse specialties including paper, paintings, furniture, archaeological artifacts, textiles, and works on paper conservation.
The document summarizes the road to the euro, the introduction and adoption of the euro as a common currency for European countries, and the impacts of establishing the euro. Key events included establishing the European Monetary Union and European Central Bank in 1998. The euro was introduced in 1999 and replaced national currencies by 2002. It increased trade and investment within the eurozone while reducing exchange rate risks and interest rates. However, Greece's debt crisis from 2008-2010 exposed weaknesses in the eurozone.
The document discusses the introduction of the euro currency in Europe in 1999 and its effects. Key points include removing exchange rate risks which makes cross-border investment easier, removing currency conversion fees for electronic payments between eurozone countries, and creating deeper financial markets in Europe. The euro also aims to increase price transparency and competition across borders. Adopting the euro helps provide macroeconomic stability for European countries under the European Central Bank.
The document provides an economic summary and analysis of recent economic indicators and trends in Europe. It discusses:
1) Government deficits increasing in the EA16 and EU27 in 2009 while GDP fell, with the largest deficits recorded in Greece, Ireland, the UK, Spain, and others.
2) GDP growth of 0.4% in the EA16 and EU27 in Q3 2010, with industrial production falling but inflation and unemployment remaining steady.
3) Issues facing the Irish economy including a large budget deficit, banking troubles, and negotiations over austerity measures and a bailout package from the EU and IMF.
4) Other EU countries facing debt problems and the potential for countries like Portugal and Spain to
The European Credit Research Institute published its 2011 Statistical Package containing data on lending to households from 1995-2010 across European countries and other major economies. The data show that in 2010, retail credit in the EU-27 saw modest growth for the first time since the financial crisis. Consumer credit decreased more than in 2009 while housing loans and other loans saw slight growth. The level of household indebtedness in the EU-27 remained stable but higher than the US, where deleveraging of households continued. Foreign currency denominated housing loans increased in some Baltic and East European countries, raising currency risk concerns.
This is a revision presentation on the state of the UK economy five months on from the June 23rd Brexit vote.
Overview:
Post-Brexit impact yet to fully materialize in the macro data
Inflation is back with rising commodity prices and a weaker currency since June 2016
Labour market performance remains strong
But scale of UK current account deficit is a problem
Structural weaknesses on the UK supply-side are unlikely to be resolved soon despite renewed focus on infrastructure and industrial policy in the new May/Hammond government
Productivity and skills gaps hurt UK competitiveness
Risk is that Brexit will lower the UK’s trend growth rate if the economy is not “match-fit” post 2019
Lots of external uncertainties as we head into 2017
- The Serbian economy experienced strong growth from 2006 to 2008 but was hit hard by the global crisis in 2009, with GDP declining by 3.1%. GDP growth recovered to 1.5% in 2010 and is projected to accelerate further in 2011.
- Prior to the crisis, GDP growth was driven mainly by the services sector but going forward manufacturing, infrastructure, agriculture and energy are expected to play a larger role.
- Attracting foreign direct investment is seen as crucial to creating a favorable economic structure. The government offers various tax incentives and financial support to investors to encourage job creation and investment in fixed assets.
Spain is the EU’s Largest Remitting Country Accounting for 24% of total Remit...AMMindpower
According to a report titled “Global Money Remittance Industry - Performance and Forecast 2016” which provides a comprehensive analysis on global money remittance market.
The Total Remittance Flow to Middle East and North Africa Grew 4.85% in 2010 ...AMMindpower
In 2010, global remittance flows reached approximately $440 billion, growing 4.33% after declining in 2009 due to the global economic crisis. Remittances to developing countries grew 5.27% to approximately $325 billion. India and China were the largest recipients of remittances worldwide. The top remitting countries were the US, Saudi Arabia, Switzerland, Russia, and Germany. The global money remittance market is projected to grow at a CAGR of 6.44% between 2011-2016, reflecting slower growth compared to the period of 2006-2011.
In 2010, Global Remittance Flow Showed a Growth Rate of 4.33%AMMindpower
The report highlights the above mentioned fact along with the detailed analysis of the various aspects such as remittance industry in Europe, Latin America, US and Asia
For more information please refer to the below mentioned link:
http://www.ammindpower.com/report.php?A=233&T=D&S=93
Presentation on Birth of Euro, and Its impact on Global reserves. Also has analysis on Is it posible for Euro to replace Dollar as Global Currency.
Presentad By Students of FMG 18 A ( Aakriti kakkar, Aditi Bindlish, Ankit Gupta, Madhusudan Partani and Pragati Saraf of FORE School of Management, New Delhi)
This document discusses the vulnerability of developing countries to the euro zone crisis. It finds that countries highly dependent on exports to Europe, remittances, foreign investment, and aid from European nations face higher risks. The crisis could significantly impact poor countries through reduced trade, private capital flows, and official development assistance. While European Central Bank interventions have eased financial pressures, the crisis remains unresolved with political and economic difficulties in key countries. Continued volatility globally remains a risk for developing economies.
Golden Growth: Restoring the Lustre of the European Economic ModelEesti Pank
Europe has experienced strong economic growth and convergence since the 1970s. It has become a highly integrated trade and finance region, with emerging European countries experiencing particularly large capital inflows that have boosted growth. However, productivity growth has slowed in larger European economies relative to the US in recent decades. The US specializes in newer, more research-intensive sectors while Europe focuses more on older industries. Addressing barriers to business and further improving integration could help restore faster productivity growth across Europe.
EUECF13A-1401 - Update of 3 publications_LEAFLET_ENGuillaume Frison
The document provides information about the history and purpose of the euro. It began as a "virtual currency" in 1999 and was introduced as banknotes and coins in 2002. The goals of the euro and Economic and Monetary Union were to allow European economies to function more efficiently and offer greater prosperity and jobs to citizens. Adopting the euro meant some loss of national sovereignty but also economic benefits like price stability, lower interest rates, and increased trade and investment across Europe.
In the Middle of Printers: (In)security of Pull Printing SolutionsPositive Hack Days
This document summarizes three examples of security assessments of pull printing solutions. In each example, the assistant found vulnerabilities like weak encryption, lack of authentication, and ability to tamper with job accountability data. Vendors were generally responsive when notified, with one example fixing issues within a few days. The document provides best practices for developers to use strong encryption and authentication in proprietary protocols. It also gives tips for testers and owners to help secure pull printing deployments.
In business since 1998, Las Vegas, Nevada-based Iconographs is the largest dealer of hand-signed celebrity autographs and movie memorabilia on the Internet. Iconographs also serves as a registered autograph dealer with the Universal Autograph Collector’s Club (UACC), which conducts handwriting analyses through its signature studies series and provides reports regarding the rarity of authentic signatures by various celebrity figures.
There are several types of printing methods described in the document. Traditional methods include etching, linocut, woodcut, lithography, letterpress and gravure. Each have advantages like being suitable for mass production or high quality images, but can also be time consuming or difficult. Modern digital methods discussed are photocopying, laser printing, inkjet printing and desktop publishing. Laser printing provides high quality color printing while inkjet is fast but expensive. Desktop publishing allows individuals to self-publish using page layout software. Overall, different printing methods have tradeoffs between speed, cost and image quality.
SIFS INDIA provides forensic education and services in India, including questioned document examination. This course introduces questioned document examination, which analyzes disputed documents using scientific methods. It will cover topics like handwriting analysis, methods of forgery, examining typewriting and other documents. The course is offered online or through distance learning, and eligibility depends on the level of certification sought. It aims to provide career opportunities in fields like forensics, law enforcement, and banking.
Handwriting recognition on Livescribe smartpenLong Ly
The Livescribe smart pen uses an infrared camera to capture handwritten notes on dot paper and link them to audio recordings. It has an OLED display, ARM CPU, and 1GB of storage. The dot pattern contains invisible microdots that allow the pen to identify the page, segment, shelf and book. Applications can be built to interact with active regions on the paper. The pen recognizes handwriting in real time using feature extraction, segmentation, character and language experts to support multiple languages. It has applications for students, journalists, businesses and developers can create their own apps.
Handwriting is called "brain writing" as it activates more areas of the brain than speaking. Graphology is the science of analyzing personality from handwriting. Handwriting analysis can provide insights into one's strengths, weaknesses, personality traits, and tendencies. It has various applications such as self-understanding, understanding others, career guidance, and recruitment. Power of Handwriting offers training programs in graphology for individuals, educational institutions, and corporations.
Art conservation involves the preservation and protection of cultural heritage objects through scientific and artistic methods. Conservation aims to stabilize objects, prevent further deterioration, and restore them when necessary so they can be experienced by current and future generations. Conservation requires expertise in fine art, art history, science, and materials analysis to understand objects and address damage or degradation while respecting their integrity. Common conservation treatments include consolidation, stabilization, inpainting, cleaning, and repair. The field draws from diverse specialties including paper, paintings, furniture, archaeological artifacts, textiles, and works on paper conservation.
The document summarizes the road to the euro, the introduction and adoption of the euro as a common currency for European countries, and the impacts of establishing the euro. Key events included establishing the European Monetary Union and European Central Bank in 1998. The euro was introduced in 1999 and replaced national currencies by 2002. It increased trade and investment within the eurozone while reducing exchange rate risks and interest rates. However, Greece's debt crisis from 2008-2010 exposed weaknesses in the eurozone.
The document discusses the introduction of the euro currency in Europe in 1999 and its effects. Key points include removing exchange rate risks which makes cross-border investment easier, removing currency conversion fees for electronic payments between eurozone countries, and creating deeper financial markets in Europe. The euro also aims to increase price transparency and competition across borders. Adopting the euro helps provide macroeconomic stability for European countries under the European Central Bank.
The document provides an economic summary and analysis of recent economic indicators and trends in Europe. It discusses:
1) Government deficits increasing in the EA16 and EU27 in 2009 while GDP fell, with the largest deficits recorded in Greece, Ireland, the UK, Spain, and others.
2) GDP growth of 0.4% in the EA16 and EU27 in Q3 2010, with industrial production falling but inflation and unemployment remaining steady.
3) Issues facing the Irish economy including a large budget deficit, banking troubles, and negotiations over austerity measures and a bailout package from the EU and IMF.
4) Other EU countries facing debt problems and the potential for countries like Portugal and Spain to
The European Credit Research Institute published its 2011 Statistical Package containing data on lending to households from 1995-2010 across European countries and other major economies. The data show that in 2010, retail credit in the EU-27 saw modest growth for the first time since the financial crisis. Consumer credit decreased more than in 2009 while housing loans and other loans saw slight growth. The level of household indebtedness in the EU-27 remained stable but higher than the US, where deleveraging of households continued. Foreign currency denominated housing loans increased in some Baltic and East European countries, raising currency risk concerns.
This is a revision presentation on the state of the UK economy five months on from the June 23rd Brexit vote.
Overview:
Post-Brexit impact yet to fully materialize in the macro data
Inflation is back with rising commodity prices and a weaker currency since June 2016
Labour market performance remains strong
But scale of UK current account deficit is a problem
Structural weaknesses on the UK supply-side are unlikely to be resolved soon despite renewed focus on infrastructure and industrial policy in the new May/Hammond government
Productivity and skills gaps hurt UK competitiveness
Risk is that Brexit will lower the UK’s trend growth rate if the economy is not “match-fit” post 2019
Lots of external uncertainties as we head into 2017
- The Serbian economy experienced strong growth from 2006 to 2008 but was hit hard by the global crisis in 2009, with GDP declining by 3.1%. GDP growth recovered to 1.5% in 2010 and is projected to accelerate further in 2011.
- Prior to the crisis, GDP growth was driven mainly by the services sector but going forward manufacturing, infrastructure, agriculture and energy are expected to play a larger role.
- Attracting foreign direct investment is seen as crucial to creating a favorable economic structure. The government offers various tax incentives and financial support to investors to encourage job creation and investment in fixed assets.
Spain is the EU’s Largest Remitting Country Accounting for 24% of total Remit...AMMindpower
According to a report titled “Global Money Remittance Industry - Performance and Forecast 2016” which provides a comprehensive analysis on global money remittance market.
The Total Remittance Flow to Middle East and North Africa Grew 4.85% in 2010 ...AMMindpower
In 2010, global remittance flows reached approximately $440 billion, growing 4.33% after declining in 2009 due to the global economic crisis. Remittances to developing countries grew 5.27% to approximately $325 billion. India and China were the largest recipients of remittances worldwide. The top remitting countries were the US, Saudi Arabia, Switzerland, Russia, and Germany. The global money remittance market is projected to grow at a CAGR of 6.44% between 2011-2016, reflecting slower growth compared to the period of 2006-2011.
In 2010, Global Remittance Flow Showed a Growth Rate of 4.33%AMMindpower
The report highlights the above mentioned fact along with the detailed analysis of the various aspects such as remittance industry in Europe, Latin America, US and Asia
For more information please refer to the below mentioned link:
http://www.ammindpower.com/report.php?A=233&T=D&S=93
Presentation on Birth of Euro, and Its impact on Global reserves. Also has analysis on Is it posible for Euro to replace Dollar as Global Currency.
Presentad By Students of FMG 18 A ( Aakriti kakkar, Aditi Bindlish, Ankit Gupta, Madhusudan Partani and Pragati Saraf of FORE School of Management, New Delhi)
This document discusses the vulnerability of developing countries to the euro zone crisis. It finds that countries highly dependent on exports to Europe, remittances, foreign investment, and aid from European nations face higher risks. The crisis could significantly impact poor countries through reduced trade, private capital flows, and official development assistance. While European Central Bank interventions have eased financial pressures, the crisis remains unresolved with political and economic difficulties in key countries. Continued volatility globally remains a risk for developing economies.
Golden Growth: Restoring the Lustre of the European Economic ModelEesti Pank
Europe has experienced strong economic growth and convergence since the 1970s. It has become a highly integrated trade and finance region, with emerging European countries experiencing particularly large capital inflows that have boosted growth. However, productivity growth has slowed in larger European economies relative to the US in recent decades. The US specializes in newer, more research-intensive sectors while Europe focuses more on older industries. Addressing barriers to business and further improving integration could help restore faster productivity growth across Europe.
EUECF13A-1401 - Update of 3 publications_LEAFLET_ENGuillaume Frison
The document provides information about the history and purpose of the euro. It began as a "virtual currency" in 1999 and was introduced as banknotes and coins in 2002. The goals of the euro and Economic and Monetary Union were to allow European economies to function more efficiently and offer greater prosperity and jobs to citizens. Adopting the euro meant some loss of national sovereignty but also economic benefits like price stability, lower interest rates, and increased trade and investment across Europe.
The euro was adopted on January 1, 1999 by 12 of the 15 member states of the European Union as a single unified currency to replace individual national currencies like the French franc and German mark. On January 1, 2002, euro banknotes and coins were introduced and citizens exchanged their legacy currencies for euros, with the goals of creating a more stable economy, improving economic growth, and further integrating European financial markets and politics. While the euro has brought some economic benefits, issues around differing economic performance among countries and inability to independently adjust interest rates remain challenges.
Madis Müller. Finance Estonia Forum 2014Eesti Pank
The document discusses recent developments in the European financial system. It notes that government bond yields have declined due to accommodative monetary policy. However, interest rates on loans to corporations still vary substantially between countries. While the European Central Bank has implemented new supervisory mechanisms, banks continue struggling with bad loans and weak profitability. The document also examines the Estonian banking sector, which has strong capitalization and profitability compared to other countries. It notes early promising signs of growth in alternative funding sources for Estonian businesses like private equity funds, but the capital markets remain underdeveloped.
The document discusses several challenges facing the European banking industry, including low profitability, high levels of non-performing loans, overcapacity, and prospects for further bank consolidation. It notes that while bank profitability modestly improved in 2015, supported by resilient net interest income, prospects for future profitability remain uncertain given the low interest rate environment and regulatory changes. The document also examines issues like increasing competition from financial technology firms and the growth of shadow banking.
This document is a book published by the European Central Bank (ECB) that provides an overview of the ECB's history, role, and functions. It covers the establishment of the ECB and the introduction of the euro, the ECB's role as leader of the Eurosystem, and its status as a supranational organization under EU law. The book contains 6 chapters that describe the legal and institutional framework of the ECB, its objectives and tasks, monetary and other policies, accountability and relations with EU bodies, international cooperation, and its organizational structure. It aims to enhance understanding of the ECB and the important roles of both the ECB and national central banks within the Eurosystem.
Country Responses to the Financial Crisis Kosovoicgfmconference
“Country Responses to the Financial Crisis”
Behxhet Brajshori, Deputy Minister, Ministry of the Economy and Finance, Republic of Kosovo
Lulzim Ismajli, Director of Treasury, Ministry of the Economy and Finance, Republic of Kosovo
Naomi Ngwira, Director, Department of Debt and Aid, Ministry of Finance, Malawi
Obadiah Mailafia, Chariman, Center for Policy and Economic Research, Nigeria
During this panel, participants will share observations of the effects of the crisis on their economies and future plans. They will also share existing tools to safeguard their investments.
The session will include a discussion on how they are mitigating the impacts and how they
expect to cover the cost. Panelists and the audience will be asked to address the following
questions.
Registration
Immediate Actions Being Taken to Manage the Impact
Is the situation different for middle vs. lower income countries?
How does the current financial crisis affect a country’s ability to borrow?
Is the situation different for resource rich countries?
Can we learn anything from previous financial crises (e.g. Asia and Latin America)?
How are recipient countries more efficiently managing their donor aid?
What is the role of the government in solving financial sector issues?
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The global animal health care industry grew steadily from USD ~ billion in 2006 to USD ~ billion
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Global Healthcare IT Market Outlook to 2016 - Evolving mHealth and PACS MarketAMMindpower
The report titled “Global Healthcare IT Market Outlook to 2016 – Evolving mHealth and PACS Market” provides a comprehensive analysis on the total number of Global healthcare IT market size, segmentation of healthcare IT market, EMR segment, PACS market, Telemedicine market, telemonitoring market and mHealth market. The report provides the competitive landscape of global healthcare IT market, global EMR market and global PACS market. The report also discusses major trends and developments in the global mHealth and Healthcare IT market, company profile players, and the cause and effect relationship between industry factors and global healthcare IT market prospects. The future projections included in the report provide an insight on the prospects in the Global healthcare IT market, EMR market, mHealth market, telemedicine market, telemonitoring market and PACS market.
For more information on the industry research report please refer to the below mentioned link:
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The Indian Innerwear Market Outlook to 2015 - Growth Opportunity for Internat...AMMindpower
The report provides a comprehensive analysis of market size of men’s and women’s innerwear on the basis of value and volume, market segmentation by organized, unorganized, low, economy, medium, premium, super premium and average selling price.
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Europe Animal Health Care Market Outlook to 2016 – Surging Expenditure on PetsAMMindpower
The global animal health care market grew steadily from $XX billion in 2006 to $XX billion in
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Latin America Animal Health Care Market Outlook to 2016 - Demand for Dairy an...AMMindpower
The document provides an overview of the global and Latin America animal health care industry from 2006-2011 and future projections until 2016. It notes that the global market grew from $XX billion in 2006 to $XX billion in 2011, with Asia Pacific and Latin America contributing around XX% and XX% respectively in 2011. The Latin America market grew from $XX million to $XX million from 2006-2011 due to rising pet product sales. Specifically, the Brazil animal health care market is dominated by pharmaceuticals and is expected to grow at a CAGR of 10.7% from 2012-2016. Overall, the Latin America market is projected to increase at a CAGR of 8.2% until 2016 and reach $XX
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The global animal health care industry grew from USD ~ billion in 2006 to USD ~ billion in
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Global Animal Health Care Market Outlook to 2016 - Growth Opportunity in the ...AMMindpower
The report titled “Global Animal Health Care Market Outlook to 2016 - Growth Ppportunity in the Emerging Asia” provides a comprehensive analysis of market size of animal health care industry on the basis of region such as Asia Pacific, Europe, North America and Latin America, market segmentation by pharmaceuticals, vaccines, medical feeds and on the basis of animals. The report also provides competitive landscape and profile of major players operating in the animal health care industry.
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European Banknote Industry - Prospects for Printing and Paper Manufacturing
1.
2. TABLE OF CONTENTS
1. European Banknote Industry
1.1. Life Cycle
1.2. Banknote Printing
1.2.1. Security Printing
2. Euro Currency Performance
2.1. Production of EU Banknotes and Coins
2.1.1. by Volume & Value
2.1.2. Euro Coins by Volume
2.2. Circulation of EU Banknotes and Coins
2.2.1. Euro Banknotes by Value and Volume
2.2.2. Euro Coins by Value and Volume
3. EU Banknote Industry Developments and Opportunities
Issuance of New GBP 50 Notes in England
Second Generation of Euro Notes
Development of New Security Features
Concern of Brand Owners and Growing Demand for Security Inks
Rising Immigrants to Europe
Popularity of Euro Notes in International Markets
Polymer Banknotes Demand
4. EU Banknote Industry Issues
Threat of Counterfeit for Euro
UK to Withdraw 500 Euro Notes from Circulation
Impact over the Demand for Money
5. Growth Drivers
5.1. Gross Domestic Product
5.2. Inflation
5.3. Europe Population
6. Industry Players
3. 6.1. Competitive Landscape
6.2. DE LA RUE PLC
6.2.1. Business overview
6.2.2. Recent Updates
6.3. Giesecke & Devrient GmbH
6.3.1. Business overview
6.3.2. Recent Updates
6.4. Oberthur Technologies
6.4.1. Business Overview
6.4.2. Recent Updates
7. Appendix
7.1. Abbreviations
7.2. Research Methodology
Data Collection Methods
Approach
7.3. Disclaimer
4. LIST OF FIGURES
Figure 1: Stages of Banknote Production
Figure 2: Euro Banknotes Production by Volume 2006-2010
Figure 3: Euro Banknotes Production by Value 2006-2010
Figure 4: Euro banknotes in Circulation by Volume 2006-2010
Figure 5: Euro banknotes in Circulation by Value 2006-2010
Figure 6: Euro Coin Growth with Change in Euro-Area GDP, in Percentage, 2006 - 2Q’2011
Figure 7: Counterfeit Euro Banknotes by Denominations in Percentage, 2010
Figure 8: Europe GDP at Current Prices 2006-2010
Figure 9: Number of Employees in Europe, 2010 and 2011
Figure 10: De la Rue Plc Revenues by Geography in Percentage, 2010
Figure 11: Oberthur Technologies Revenues by Geography in Percentage, 2010
LIST OF TABLES
Table 1 : Total Number of Euro Banknotes Produced by Denominations in Million, 2010 7
Table 2: Allocation of Production of Euro banknotes by Denominations in 2011E
Table 4: Euro banknotes by Denominations in Circulation by Volume (2009-2011 Aug)
Table 5: Change in Euro Coin Monthly Growth in Percentage, 2006-2011
Table 6: EU Immigrants Population Distribution by Countries in 2010
Table 7: Seized Coins from Circulation, 2006-2010
Table 8: EU GDP Growth and Growth in Euro Cash in Circulation in Percentage, 2006-2010
Table 9: EU Population by Countries in Thousand, 2010
Table 10: Major Industry Players
Table 11: Industry Codes
5. Table 12: Number of M&A and Divestitures, 1986 to 2011
Table 13: Industry Codes
Table 14: Number of M&A and Divestitures, 2000 - 2011
Table 15: Number of M&A and Divestitures, 2000 - 2011
6. EUROPEAN BANKNOTE INDUSTRY
Euro cash in circulation is continuously increasing even outside Euro Zone and reflecting a
rapid growth compared to GDP. Another trend which has been noticed in recent years is the
increased popularity of Euro 100 and Euro 50 notes is rising. Increase in cash circulation is
the impact of rising inflation and even low confidence over banks after 2008 credit crisis.
PRODUCTION OF EU BANKNOTES AND COINS
BY VOLUME & VALUE
In 2010, demand for banknotes to be
In 2010, European central bank produced produced was low comparative to the
7.15 billion of Euro banknotes, with a value
previous year. European central bank
of EUR 264.90 billion
produced ~ billion of Euro banknotes, with a
value of EUR ~ billion. There was a fall in
number of EUR 20 and EUR 50 notes
produced in 2010 comparative to previous year. To support Euro notes demand, more Eastern
European countries entered into the euro area.
Table: Total Number of Euro Banknotes Produced by Denominations in Million, 2010
Denominations Quantity (Millions of Banknotes) NCB Commissioning Production
€5
€10
€20
€50
€100
€200
€500
TOTAL
7. Figure: Euro Banknotes Production by Volume 2006-2010
Qty in Millions
2006 2007 2008 2009 2010
Figure: Euro Banknotes Production by Value 2006-2010
EUR Millions
2006 2007 2008 2009 2010
Once again number of banknotes to be produced in 2011 is expected to be low from 2010
level. ECB has allotted 6,017.90 million notes to be produced during the year, at value of
EUR ~ million.
Table: Allocation of Production of Euro banknotes by Denominations in 2011E
Value (Euro NCBs commissioning
Quantity (millions) millions) production
€5
8. €10
€20
€50
€100
€200
€500
TOTAL
EURO COINS BY VOLUME
Member States are accountable for the production of Euro coins. 1, 2 and 5 cent coins
accounted for more than 80% of the production. Production cost of these coins is higher than
the income generated and the face value, therefore ECB is planning to make some
amendments in the production process of Euro coins keeping cost benefit analysis into
consideration. At the end of 2009, around 84.30 billion Euro coins were in circulation
accounting for value of EUR ~ billion.
CIRCULATION OF EU BANKNOTES AND COINS
EURO BANKNOTES BY VALUE AND VOLUME
By volume, there were ~ billion Euro notes in circulation, with an increase of 3.87%
compared to ~ billion in 2009. Despite the economic slowdown in recent past, the Euro in
circulation in terms of value continued to
Euro 50 and Euro 100 notes grew at high increase. In terms of growth rate, Euro 50 and
rates of 6.75% and 5.37% respectively,
Euro 100 notes grew at high rates of 6.75% and
whereas Euro 200 notes showed low
growth from previous year 5.37% respectively, whereas Euro 200 notes
showed low growth from previous year.
At the end of 2008, the number of euro banknotes in circulation stood at ~ billion, total worth
of EUR ~ billion. This represented an increase of 8.30% in terms of volume and 12.70% in
terms of value as compared with 2007 results.
9. Figure: Euro banknotes in Circulation by Volume 2006-2010
Qty in Millions
2006 2007 2008 2009 2010
Table: Euro banknotes by Denominations in Circulation by Volume (2009-2011 Aug)
Total EUR 500 EUR 200 EUR 100 EUR 50 EUR 20 EUR 10 EUR 5
2009
2010
Q4’
2010
Q1’
2011
Q2’2011
June
2011
July
2011
Aug
2011
10. Figure: Euro banknotes in Circulation by Value 2006-2010
Euro Millions
2006 2007 2008 2009 2010
Table 5: Euro Banknotes by Denominations in Circulation by Value 2009-Aug 2011
Total EUR 500 EUR 200 EUR 100 EUR 50 EUR 20 EUR 10 EUR 5
2009
2010
Q4’
2010
Q1’
2011
Q2’
2011
June
2011
July
2011
Aug
2011
In the second half of 2010, euro currency inflow was higher than the outflows, while there
was a stable performance prior to the period. During 2010, a reduction in banknote demand
outside Euro area has been witnessed.
11. EURO COINS BY VALUE AND VOLUME
Euro coins in circulation have increased in 2010 from previous year by 6.20% reaching ~
billion in terms of volume while its total value grew 4.50% to reach EUR ~ billion.
Figure: Euro Coin Growth with Change in Euro-Area GDP, in Percentage, 2006 -
2Q’2011
Euro Coin Growth % GDP Growth Rate %
2006
2007
2008
2009
2010
Q2’2011
RISING IMMIGRANTS TO EUROPE
EU experienced an impressive growth in number of immigrant population after the Second
World War. Migrants from different parts of the world accounted for a significant percentage
of the EU population growth. After 2004, EU experienced a dramatic growth in its member
states population due to rise in net migration and this trend continued till mid 2008, adding
1.80 million every year. Unfortunately, poor economic conditions lowered the percentage of
immigration to EU at the end of 2008 and continued to fall even in 2011. At present, EU
states are facing a shortfall in skilled workers due to a fall in number of immigrants to EU.
Table: EU Immigrants Population Distribution by Countries in 2010
Total Foreign-born Born in other EU state Born in a non EU
Country (‘000s) % (‘000s) % state (‘000s) %
EU 27
Germany
France
United
Kingdom
Spain
Italy
12. Netherlands
Greece
Sweden
Austria
Belgium
(2007)
Portugal
Denmark
EU BANKNOTE INDUSTRY ISSUES
THREAT OF COUNTERFEIT FOR EURO
The increasing number of replication in euro banknotes has become a major issue and forced
issuing authorities to enhance security features and to make it difficult to copy. Recently
results have showcased a small percentage
drop in total number of counterfeit euro notes.
The total counterfeited euro notes
At the end of 2010, there were ~ counterfeit
declined by 11.70% in the 1H’2010 as
compared to 1H’2009 euro notes were found (according to the
National analysis centre); though counterfeit
notes account for a very low percentage of
total euro banknotes in circulation.
Figure: Counterfeit Euro Banknotes by Denominations in Percentage, 2010
Euro 500
Euro 200
Euro 100
Euro 50
Euro 20
Euro 10
Euro 5
13. There has been a rise in the number of counterfeit euro coins in 2010. Around 7.50% false
euro coins were recorded in the total coin circulation during the mentioned period.
Table: Seized Coins from Circulation, 2006-2010
50-cent 1-euro 2-euro Total
2010
2009
2008
2007
2006
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