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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?


To: kumar who wrote (228524)4/24/2007 3:07:29 PM
From: michael97123  Read Replies (1) | Respond to of 281500
 
Didnt know that about the DM. I thought euros had to be used except in UK. Why are the others still printing currency? Now i am very confused.



To: kumar who wrote (228524)4/26/2007 10:56:59 AM
From: Noel de Leon  Read Replies (1) | Respond to of 281500
 
"June 30, 2002 was the last day for changing old currency to Euro at any bank for the original twelve member states. Thereafter: old currency can be exchanged at national central banks and some specially designated banks"
oanda.com
The local German currency that you refer to is not the DM.
England, Sweden, and Denmark still have their own currencies. Of the 10 new members of the EU only one has fulfilled the requirements to convert to the EURO, Slovenia. As far as claiming that Brussels is a joke, that's off the mark. EU rules are incorporated into Danish law as soon as possible causing some concern for some environmentalists since the rules concerning chemicals and their usage are weaker under the EU rules when compared to the Danish ones.

You might want to read up on the EU at this site.

europa.eu