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Europe Daily Bulletin No. 8831

20 November 2004
Contents Publication in full By article 15 / 39
GENERAL NEWS / (eu) eu/ecb

19/11/2004 (Agence Europe) - The European Central Bank will not issue one- and two-euro banknotes, because the negatives of their introduction would outweigh their advantages, stated a press release by the ECB Board on Thursday. The Frankfurt-based institution invoked insufficient demand on the part of most people residing within the euro zone, and the production and handling costs, which are disproportionately high for these denominations. Further more, these new notes would cause problems...

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THE DAY IN POLITICS
GENERAL NEWS
TIMETABLE