More euro news in the Irish times to-day.
Also in the Netherlands the change is progressing smoothly with now about
80% use of the euro.
Ireland and the Netherlands are doint the best job of all.

Senior citizens compare notes
Pensioners appear to be having little trouble adjusting to the new currency,

Mary Minihan reports

You can teach an old dog new tricks appeared to be the attitude of most
senior citizens collecting their pensions in euro for the first time.
Many pensioners at the packed Rathmines Post Office in Dublin yesterday
morning said they were coping well with the changeover, although some said
it was the "old people" they felt really sorry for.
Local man Mr Sean � Cr�in�n was particularly enthusiastic about the new
currency, which he thought was "better than the other money". The
75-year-old said he regularly visited friends in Germany and the changeover
would take the difficulty out his next trip.
"I won't be changing to deutschemarks anymore. I'll just get money out of
the machine over there, if there's anything in it, of course," Mr � Cr�in�n
said. Ms Nella Cleary from Ranelagh collected her pension money and found it
to be "exactly right". She said the changeover was inevitable and had not
presented her with any great difficulty.
"We were all very well prepared and had these little do-dahs," she said,
waving her euro converter. Ms Margaret Hennessey said she was already
"flying" with the new currency. "I paid for my coffee in euro today and I
thought I was great," she laughed. Not everyone was so receptive to the new
currency, however. One man dismissed the coins as "fiddler's money" and
complained that he would have to wear his reading glasses to see them.
Another disgruntled 75-year-old from Rathgar said the changeover had been a
mistake.
"It was a rotten thing to do to change the money. They should have left it
as it was." Rathmines woman Ms Kitty Nugent, admitted she found the new
coins a little confusing. "I thought we had finished with the ha'penny and
now we've got something even smaller," she said.
However, she was also finding the converter helpful and had used it to work
out how much pension she would receive before leaving the house yesterday
morning.
Ms Georgina Blowers, from Harold's Cross, was worried that elderly people
could be ripped-off. "But I'm too cute for them. I watch every penny."


Rural areas slow to start using new currency
By Mary Minihan

Fewer than 20 per cent of transactions in rural areas are being carried out
in euro, according to an RGDATA survey.
Ms Ailish Forde, director general of RGDATA, blamed the low use of the new
currency on the reduction of banking services in isolated areas.
"We even have one member in the west who confirmed that no euro currency had
yet been tendered by a consumer by day four of the currency," she said.
Ms Forde said the results of the survey of RGDATA members highlighted a
"definite urban and rural divide" in the use of euro by consumers.
She said there was widespread use of the new currency in urban areas where
customers had access to banks and ATM machines - as high as 90 per cent in
the Dublin area.
The head of the Euro Changeover Board of Ireland, Mr Philip Hamell, said the
result of the survey was "not unexpected".
Mr Hamell said he remained confident that the majority of transactions would
be in euro by the end of the weekend.

�The Irish Times



A week of bemusement, anger for consumers

Jane O'Sullivan examines the main issues which have preoccupied

Irish consumers in week one of the new currency

Anger, annoyance, amazement and even amusement were among the wide range of
emotions expressed by callers to Euro Watch during the week.
While the introduction of the single currency generally got off to a flying
start, there were a number of minor hiccups and consumers were not slow to
spot or report them.
One of the first callers rang to complain that his Irish Nationwide branch
in Dublin's Camden Street declined to change �155 into euro for him.
But annoyed as he was at this, what left him dumbstruck was that the staff
at a financial institution suggested he cross the street to the corner shop
to get his euro.
Another caller rang to say his wife, a TSB customer, was equally bemused
when her branch in Dundrum refused to change �16 into the new currency and
she was advised to tender her coins in a shop.
"She took the kids to McDonald's and ordered �8 worth of stuff but they took
all of her coins and gave her euro back.
"Basically, they did the bank's business."
A TSB spokesman later said this was an isolated incident and it was the
bank's policy to change Irish coins.
He attributed the mistake to human error, an explanation that surfaced
several times during the week.
But this proved to be a poor consolation for those experiencing frustration
or disappointment.
One mother who took her children to a well-known toy store with their
Christmas money had to leave again without their carefully chosen purchases
after the cashier declined to accept their Irish pounds.
The store later apologised for the error but by then the business had been
lost to another shop.
Aside from human error, a number of system errors also surfaced.
Of the financial institutions, key agents in the changeover process, the
State's largest bank, AIB, definitely came out worst.
A glitch in its systems meant six ATMs across the State overcharged those
withdrawing cash on New Year's Day.
Angry AIB customers also rang in their droves to complain that they were
still waiting for cheque books.
Aside from prices being rounded up, the most common euro complaint related
to outlets refusing to handle Irish coins.
This was an unexpected development.
Many of those involved in the euro planning process had feared retailers
would see their euro floats quickly disappear as customers proferred �50
notes and left with all the euro change.
Instead, retail outlets and banks found themselves faced with "boxes, bags,
bottles and buckets" of small coin and the time-consuming task of sorting
and counting it.
A growing number of such retailers and banks have proved distinctly
reluctant to take it on.
One publican noted ruefully that businesses should have seen it coming.
The well-publicised shortage of pennies in recent years pointed to the
amount of hoarded coins in the system which is only now surfacing.
However, most outlets did their best in difficult circumstances, and many of
the failings were genuine errors rather than businesses trying to take
advantage of unwary consumers.
And if Euro Watch uncovered anything over the course of the week, it was
that Irish consumers are increasingly a force to be reckoned with.
A growing number are prepared to complain, to report problems if they do not
get satisfaction, and to take their business elsewhere when all else fails.

�The Irish Times


Two Letters to the Editor


SWITCHING TO THE EURO

Sir, - Managing change is widely regarded as being one of the most difficult
tasks a manager can attempt and Mr Philip Hamill and his team at the Euro
Changeover Board of Ireland deserve our congratulations on a job well done.
It seems a pity that a team with such excellent leadership, management and
educational skills now faces disbandment when there is still so much to do
in terms of Europeanisation. For instance, when will the roadside speed
limits signs be changed to kilometres? How long are we expected to have to
put up with the dual standard of distances in kilometres and speed limits in
m.p.h?
Dare we even think of changing to driving on the right, like the rest of
Europe and North America? After the euro, everything is possible. - Yours,
etc.,
JOHN BANIM,
Taney Road,
Dublin 14.


Sir, - The following euro conversion factor may be of assistance to some of
your elderly readers: 1 euro = 15s9d in the old money. What is remarkable is
that this is accurate to within one hundredth of a euro cent. - Yours. etc.,
EUGENE GATH,
Department of Mathematics and Statistics,
University of Limerick.


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