These texts are an addendum to the texts originally published as Europaper No 7 "Compilation of community legislation and related documents", and should be read in conjunction with that work. A definitive version of the compilation will be published later in the year.

The following fact sheets provide an overview of the state of preparations for the changeover of public administrations to the euros as of 15 May 1998. All eleven participating Member States are now in the process of enacting euro-related legislation which will come into force on 1 January 1999....

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...

Rounding of currency amounts is a widespread phenomenon in currency matters. Even if a non-currency environment rounding is often unavoidable, e.g. in the calculation of interests or fees. The purpose of the present document is to respond in a systematic manner to the various questions on...

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 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...

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.

Preparations for the introduction of the euro are underway in all sectors. The Commission Communication on "Practical Aspects of the Introduction of the Euro" of October 1997, provided information on these ongoing preparations at national and European level by both the private and the public...