ECB. (2000). Domestic payments in Euroland: commercial and central bank money. Speech by Tomasso Padoa-Schioppa, Member of die
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Executive Board of die European central bank, at die European Commission
Round-Table Establishing a Single Payment Area: State ofPlay andNext Steps, Brussels, 9 November 2000, quoted in Weiner, R,, (2009). op. cit., p, 5 114 For example, die Bank of England estimated notes and coins to be 3 per cent of money in circulation in 2007 - see Berry, S,, Harrison, R,, Thomas, R., de Weymam, I. (2007). Interpreting movements in Broad Money, Bank ofEngland Quarterly Bulletin 2007 Q3, p, 377. Retrievable from http:// www.bankofengland.co.uk/publications/quarterlybulletin/qb 0"0 ft o
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