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 group began by acknowledging the central role that traders will play in helping people understand prices and scales of values and accept the euro. Consumers are in direct physical contact with traders on an almost daily basis, and are thus by definition in a monetary relationship. The shop...

The European accountancy profession lead by the Fidiration des Experts Comptables Europiens, (FEE), is undertaking a major advice and communications project, with the support of the European Commission, to help organisations prepare for the introduction of the new single European currency, the...

On 30 September 1998, the Monetary Committee of the European Union established an ad-hoc working party on the technical issues relating to the implications of Stage 3 of EMU for the European Bonds and Bills markets. The group is chaired by Mr Brouhns, General Secretary of the Finance Ministry of...

The purpose of these "explanatory notes" is to present a comprehensive and accurate description of EMU in all its aspects. These notes are more specifically aimed at information multipliers and specialists. They shall provide them with detailed explanation on the institutional, technical and...

This Paper presents aspects related to the use of Euro by Member States.

The introduction of the single European currency present few unceratinties for the continuity of contracts governed by New York law and the laws of other U.S. jurisdictions. In accordance with the State theory of money , all such contractual obligations must be discharged in accordance with the...

This edition presents, as a double number, two interrelated reports on preparatory aspects of the introduction of the euro.

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...

Tha launch of Economic and Monetary Union on 1 January 1999 and the smooth introduction of the single european currency, the euro, is a primary objective of the European Union. Its achievement requires effective information and communication actions, as was underlined in the Green Paper on the...