The Euro will be introduced gradually from 1999 to 2002. On 1 January 1999 the rates of conversion between the Euro and the Participating national currencies will be irrevocable fixed and the Euro will become a currency in its one right. At this date enterprises can begin operating in Euro. On...

This is the report to the European Commission of an expert group whose terms of reference are to consider whether banks are entitled to charge for conversion to the euro, whether they intend to do so, whether any new rules are necessary at EU level and how to ensure the transparency of any...

As from 1.1.1999 the currency of the participating Member States shall be the Euro". This sentence will be one of the core provisions of the monetary law of the monetary law of the Member States which will have adopted the Euro at the beginning of the third stage of Economic and Monetary Union....

Economic and Monetary Union is a further step in the ongoing process of European economic integration. In this respect, it is also part of the wider integration in the global economy. EMU will enable the European Union to meet the challanges of globalisation.

While underlining the advantages of the euro for European businesses in general, the Group identified two main types of constraint of particular concern for small businesses. The greatest difficulties relate to the accounting consequences of the shift to the euro. The second kind of constraint...

The introduction of the Euro is a very ambitious change in the monetary environment of some of the largest and richest industrial economies, one that is unlike any other currency reforms.

The introduction of the Euro will change the currency in which many financial statements are prepared. It will have practical consequences for many firms . Increasingly Commission services have been asked to clarify how these changes should be reflected properly in financial statements.

The experts first looked at the importance of taking action via the school system in providing information on the euro, studying the advantages such information could bring, particularly thanks to the information transfer potential of the target public, and the repercussions such action could...

The introduction of the euro will be a major event for international monetary relations and the international monetary system. It will have important implications not only for the Union and its Member States but also for other countries in the world. The size of the euro area, the stability...

Enclosed in this "Euro Paper" you will find: -the ECOFIN Council conclusions on practical aspects of introducing the euro; - the three Commission recommendations on practical aspects of the introduction of the euro; - the conclusions of the Round Table on the euro of 26th February 1998.