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Europe Daily Bulletin No. 9585

23 January 2008
GENERAL NEWS / (eu) eu/euro
Cypriot Finance Minister pleased with move to euro

Brussels, 22/01/2008 (Agence Europe) - Three weeks after Cyprus and Malta adopted the single currency, Cypriot Finance Minister Michalis Sarris gave a very positive view of the move to the euro. Believing that good preparation and the use of double pricing had paid off, he noted a few problems, with prices being rounded up too far in car parks, hairdressers and kebab restaurants. As he had said before the move, he did not see that the move to the euro in itself would cause any inflationary...

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