Brussels, 19/04/2000 (Agence Europe) - The European Commission has published its second quarterly report (for first quarter 2000) on use of the euro, which reveals that the volume of payments in euros has increased "dramatically" compared to last year, mainly due to the recent wave of company mergers and acquisitions. In terms of value, 25% of payments by companies are now being made in euros and almost all new accounts opened by companies are in euros.
Further, the report demonstrates that...