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Europe Daily Bulletin No. 8815

27 October 2004
Contents Publication in full By article 15 / 32
GENERAL NEWS / (eu) eu/euro
Negotiations begin for Andorra's use of Euro

Luxembourg, 26/10/2004 (Agence Europe) - The Council has decided to open negotiations with Andorra to allow the country to use and mint Euros. Negotiations will be supervised by the European Commission, in association with the European Central Bank and bordering countries, France and Spain.

Euro participation was requested by the principality during negotiations on savings taxes and an agreement to apply income tax and taxes on savings invested in Andorra by Community residents. The Council...

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