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Europe Daily Bulletin No. 8124

9 January 2002
Contents Publication in full By article 18 / 35
GENERAL NEWS / (eu) eu/euro
75% of all payments now in euros - Currency distribution problems

Brussels, 08/01/2002 (Agence Europe) - The latest European Commission estimates published on Tuesday reveal that almost three-quarters of all cash payments in the eurozone are not in euros and the proportion is over 60% in all the participating countries. Despite the January sales having started in a number of countries (France, Spain, Portugal, Luxembourg and parts of Italy), queues in shops are no longer than usual and waiting times in most banks have started to come down significantly....

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