Euro countdown

On Jan. 1, 1999, the European Union will launch a new European currency, the euro, and introduce it gradually over 3 years. Being Europe, nothing is straightforward. The U.K., Greece, Sweden, and Denmark have refused to take part; and there will be no euro notes or coinage available until Jan. 1, 2002, just credit card and check payments (OGJ, Mar. 9, 1998, p. 40). Guy-Loup Motte, executive officer at the European Petroleum Industry Association (Europia), Brussels, said the EU signed agreements

In order to access this content, you must be logged-in and have an active subscription to the OGJ Premium Archive


More in Home