The E-Sylum:  Volume 4, Number 48, November 25, 2001, Article 12

THE NEW EURO COINS AND BANKNOTES

  From an article on the November 12, 2001 issue of Fortune:

  "Is the euro really going to happen? Yes. More than 14 billion
  euro notes have been printed; 50 billion coins have been minted.
  European governments and businesses have spent billions
  getting ready for this. There is no turning back for the 300
  million people living in euroland.

  On Jan. 1, euros will begin spewing from ATMs in 12
  countries (Austria, Belgium, Finland, France, Germany, Greece,
  Ireland, Italy, Luxembourg, the Netherlands, Portugal, and Spain).
  The plan is that by Jan. 15, most currency transactions in those
  countries will be in euros and by the beginning of March, all of
  them will be.

  That doesn't mean the changeover will go smoothly. During the
  first few weeks, when the euro and existing national currencies
  circulate side by side, there will almost certainly be a few fights
  at banks and chaotic scenes at department stores -- not to mention
  attempts to slip counterfeit euros past harried cashiers."


http://www.fortune.com/indexw.jhtml?channel=artcol.jhtml&doc_id=204933

  Wayne Homren, Editor

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