2001-10-22 Not all countries will have their national currencies in co-existence with the Euro for the full 2 months.
The national currencies will be allowed until 2002-03-01 in the following countries: Belgien, Deutschland, Finnland, Irland, Italien, Luxenburg, Österreich, Portugal and Spanien. In Niederlande the Gulden will be valid until 2002-01-29, in Frankreich (inclusive territories and overseas departments) the Franc will be valid until 2002-02-18, and in Griechenland until 2002-02-10. I don't know what schedule is in effect for countries outside the Euro-zone who will also convert to the Euro in January. These countries include Mazedonien, Kosovo, Bosien, Montenego, Andorra, Monaco, San Mario and Vatikan Stadt. Source: Nordamerikanische Wochen-Post Samstag, 22 September 2001 Seite 8 Wirtschaft. Noch 72 Tage bis der €uro als Bargeld kommt http://www.dm-online.de/euroaktuell/ As for confusion, that is hard to say. I heard that the EU banks plan to have most of the old currency exchanged into the new within the first 2 weeks of January. And even if some customers spend old currency in stores, the stores will return Euros as change. Some countries will allow the old currency to be valid forever, others will have a 1 year to 10 for coins or no limit and 10 to 30 for paper or no limit. But, these can only be exchanged at banks and not spent in the market place after the cut-off dates. The confusion might occur with foreigners who are holding EU currencies and not knowing how to exchange them. John ----- Original Message ----- From: "M R" <[EMAIL PROTECTED]> To: "U.S. Metric Association" <[EMAIL PROTECTED]> Sent: Saturday, 2001-10-20 11:15 Subject: [USMA:15731] Off-SI - Euro's first 2 months > To our friends in Europe > > The first 2 months of Euro currency is suppose to > plunge the 12 nations into utter chaos and confusion, > since the people will use both their National currency > and Euro to pay for the goods and the same in > receiving the balance (change). > > So please try to buy the goods using Credit/Debit/Cash > cards and also buy the necessary goods in advance. > Try to communicate this to everyone. > > Any problem in Europe will send shockwaves to the > entire World. > > Madan > > > __________________________________________________ > Do You Yahoo!? > Make a great connection at Yahoo! Personals. > http://personals.yahoo.com >
