Introducing the Euro

from CBC.ca archives | Fri, 1 Jan 1999

BRUSSELS - At the stroke of midnight, Jan. 1, some of the world's oldest currencies will be replaced on international financial markets by the world's newest currency.

The change, part of European Union, affects the French Franc, the Deutch Mark, the Italian Lira and others.

The switch affects banks, stock exchanges and governments. Euro banknotes and coins won't come into circulation for another two years.

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