Euro

Lithuanian c-bank to switch some reserves to euro

LITHUANIA - Lithuania's central bank said on 28 June it would "soon" start exchanging some of its reserves into euro to prepare for the change of the national currency's anchor to the euro from the dollar in February.

Friedman issues euro warning

US - Top US economist Milton Friedman believes Europe was wrong to introduce the single European currency and predicts it will lead to a raft of economic problems for the region.

Euro € - Warning on readiness for euro

USA - Oracle, the world's second largest software company, has warned that companies could hit an "information technology bottleneck" in the run-up to the introduction of euro notes and coins on 1 January.

Soros avoids the euro

EUROPE - In an interview with the German Sunday newspaper, Welt Am Sontag, George Soros says that betting on the euro is a mug's game.

Worries as German's remember 'wheelbarrow money'

GERMANY - A survey has revealed that more than half the population of Germany remain wary about the introduction of euro notes and coins fearing it will lead to price rises as retailers use the opportunity to round up prices following conversion into the…

UK General Election - Conservative pledges

UK - The UK Conservative party have published their manifesto. In it they spell out what they would do if elected to government in the general election to be held on 7 June. Michael Portillo,the shadow chancellor of the exchequer, sets out their policies.

UK General Election - Labour pledges

UK - The UK Labour party published its election manifesto on 15 May. They review their changes made to the Bank of England and describe their policy on the single european currency, the euro.

Readiness for euro may be falling

EUROPE - Fewer European companies say they are ready for the introduction of euro notes and coins now than a year ago, according to a survey of big businesses in the euro-zone.

Putting euro banknotes and coins into circulation

Speech - Eugenio Domingo Solans, Member of the Governing Council and the Executive Board of the European Central Bank delivered a speech at the Euro 2002 Information Campaign conference hosted by the Banco de Portugal on 15 May.

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