1. Only Luxembourg has met all the economic conditions for introducing the euro. 2. An impasse on both issues has added to doubts about the ability of EU nations to introduce the euro on schedule. 3. Bank of England Governor Eddie George today expressed alarm at the prospect of introducing the euro at a time of high and unequal unemployment levels across the continent. 4. Chancellor Helmut Kohl came under fire over the weekend for making a last-minute political deal with France to introduce the euro. 5. European markets have revived since hitting lows in early September, and business investment is expected to get a further lift after the euro is introduced. 6. He criticized currency traders, analysts and journalists for focusing on whether central banks will shift the currencies in which they hold their reserves once the euro is introduced. 7. Impasse on both issues has added to doubts about the ability of EU nations to introduce the euro on schedule. 8. One in five did not understand that their old national currencies would disappear when the euro was introduced. 9. Six months after euros are introduced, local currencies would become obsolete. |