Oct 27, 2001, 12:01 AM
News Code: 9033071
0 Persons
euro of birth for prepares Europe million 300 than more 2002 January 1 On -- IRNA 27, Oct Brussels, Union European the of states member twelve in citizens European .transactions daily their for cash same the use to able be will common the in participating are 15 the of out states member EU 12 .currency Ireland, France, Spain, Greece, Germany, Belgium, :are They .Finland Portugal, Austria, Netherlands, The Luxembourg, Italy, to party not are Sweden and Denmark UK, the states, Three .zone euro the January 1 from and euro, in shown are prices more Already, travel and it with pay money, new the touch to able be will one .exchange currency without Europe throughout and Economic of charge in Commissioner EU Solbes, Pedro logistical vast ``a as euro of birth the described affairs, Monetary symbolic as well as material profound have will which operation ''.implications been have EU the outside countries on effects the that noted He .account into taken be to have coins billion 50 over and banknotes billion 15 Almost cash 170,000 about and machines vending of Millions .distributed .adapted be to need dispensers notes bank the of printing the including preparation, that of Much a told Solbes completed, nearly is coins, the of minting the and .recently Brussels in held Forum EU/Japan and banknotes euro billion 11 than more August, of end the By .produced been had coins euro billion 45 almost credit to first available made being are coins and Notes .retailers to institutions financial the from then and institutions area euro most in started has institutions credit to Distribution in September 1 on started retailers to distribution Onward .countries for Spain in as well as Austria, and Luxembourg Ireland, Germany, .states member other in October 1 on and retailers large participating most in (ATMs) dispensers cash of adaptation The of majority The .transition quick very a allow will countries by ATMs or banks from banknotes euro received have will population the .January of day fifth the first the in rapidly circulation into brought be will coins Euro in coins euro of quantities small addition, In .January of days 12 the of all in public the for available be will kits starter .mid-December from countries EU participating institutions credit area euro 2001, December 1 from Starting institutions credit to banknotes distribute to allowed be will not however, are, institutions These .area euro the outside parties, third to further banknotes the distribute to entitled .2002 January 1 before retailers, including 1 from banknotes receive can area euro the outside banks Central circulation into cash the put not do they that provided 2001, December .2002 January 1 before coins and banknotes national latest, the at 2002, 28, February By .use from withdrawn be will countries zone euro 12 the of and banknotes euro both concerned, is counterfeiting as far As features security effective and modern most the embody coins .Commissioner EU the noted available, a and notes the of sides both on marks water include These relief ink raised in printed paper based cotton-fibre :thread security and feel tactile distinctive a notes the give to designed is that all for euro-sign the and domination note showing panels holographic all for image holographic architectural additional an plus notes, .euro 50 above denominations introduction the for preparations that clear is it ``Overall, are we and well, progressing are coins and banknotes euro of European in milestone major a as 2002 January 1 to forward looking NK/KS .concluded he history,'' End